Suppose a population doubles in size every 8 years.
a) Find the percent annual growth rate of the population. (Round to two decimal places.)
percent
b) Find the continuous percent growth rate of the population. (Round to two decimal places.)
percent
a) For annual growth, we want to find in the equation , where is the initial amount.
b) For continuous growth, we want to find in the equation , where is the initial amount.
For both of these, be sure to convert to a percentage.