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A population doubles in 3 years while growing exponentially. What is r approximately?

A0.123 per year
B0.231 per year
C0.333 per year
D0.693 per year
Answer & Solution
Correct answer: B. 0.231 per year
Doubling gives e^(3r) = 2, so r = ln 2 / 3 = 0.693 / 3, about 0.231 per year.
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