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Find the growth factor (assuming exponential growth) for a population that grows from 49,000,000 to 91,630,000 in one year.
 Jul 15, 2013

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 #1
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Use the formula of the simple interest S = P(1 + ni), where P is initial amount, S is augmented amount, i - interest rate, n - number of augmentation periods (years, months etc.), express i in terms of other variables: S - P = Pni => i = (S - P)/Pn
 Jul 31, 2013
 #2
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Whoa this is intense
 Aug 1, 2013

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