Solve the Problem $1.2 \%$ Per Year How Long Will It Take for This Country's Population

question 251

Multiple Choice

Solve the problem.
-The population of a certain country is growing at a rate of $1.2 \%$ per year. How long will it take for this country's population to double? Use the formula $t = \frac { \ln 2 } { k }$ , which gives the time, $t$ , for a population with growth rate $k$ , to double. (Round to the nearest whole year.)

• A) 58 years
• B) 59 years
• C) 60 years
• D) 57 years

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Substantially Impaired

Significantly reduced in ability or function, often referring to a state of physical or mental incapacity that affects one's legal rights or responsibilities.

Risk Passes

A term used in sales and contract law signifying the point at which the risk of loss or damage to goods transfers from the seller to the buyer.

Destroyed Goods

Items or products that have been damaged to the point where they can no longer serve their intended purpose.

Commercial Reasonableness

Reasonable commercial standards of fair dealing, required of merchants in addition to honesty in fact.