A Culture of Bacteria Is Doubling Every Hour

question 137

Essay

A culture of bacteria is doubling every hour. What is the average population over the first two hours if we assume that the culture initially contained two million organisms?

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Definitions:

Exchange Rate

The price of one currency in terms of another, allowing for the conversion of monetary values between countries.

Demand for Currency

The desire or need for holding cash as opposed to other forms of wealth or assets.

Pegged Currencies

A regime where a country's currency value is fixed relative to another currency or a basket of currencies.

U.S. Dollar

The official currency of the United States, widely used as a benchmark and reserve currency around the world.