If the world's population is growing at the rate of 1.1% per year. Approximately how long will it take for it to double? (ln 2 = 0.69)
A
25 years
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B
97 years
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C
63 years
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D
127 years
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Solution
The correct option is C 63 years Thepopulationgrowthfollowstheequation:P(t)=P0ektWewantthepopulationtobecometwicethepresentpopulation.So,P(t)=2×P0Substitutinginequation2P0=P0ekt2=ekt(k=1.1%peryear)ln2=1.1100tt=ln21.1×100=63.01years