Population Doubling F0F55C
1. **Problem statement:** We want to find the number of years it takes for a country's population to double given an annual growth rate of $p\%$.
2. **Formula used:** The population growth can be modeled by the exponential growth formula:
$$ P(t) = P_0 (1 + \frac{p}{100})^t $$
where $P_0$ is the initial population, $t$ is the number of years, and $p$ is the growth rate percentage.
3. **Doubling condition:** We want $P(t) = 2P_0$, so:
$$ 2P_0 = P_0 (1 + \frac{p}{100})^t $$
Dividing both sides by $P_0$:
$$ 2 = (1 + \frac{p}{100})^t $$
4. **Solving for $t$:** Take the natural logarithm of both sides:
$$ \ln 2 = t \ln \left(1 + \frac{p}{100}\right) $$
So,
$$ t = \frac{\ln 2}{\ln \left(1 + \frac{p}{100}\right)} $$
5. **Calculate for $p=2$:**
Given $\ln 2 \approx 0.6931$ and $\ln 1.02 \approx 0.0198$,
$$ t = \frac{0.6931}{0.0198} \approx 35 $$ years (rounded to whole number).
6. **Calculate for $p=3$:**
Given $\ln 1.03 \approx 0.02956$,
$$ t = \frac{0.6931}{0.02956} \approx 23 $$ years (rounded to whole number).
**Final answers:**
- For $p=2\%$, population doubles in approximately 35 years.
- For $p=3\%$, population doubles in approximately 23 years.