Pa'rurentaye rare newvalue - initalauex2 Another model for exponential growth: Doubling Time formula (and for 4. Calculate Tdouble for Nigeria in problem #1 on reverse. 5. Use this Totouable and the formula above to calculate the population of Nigeria in ten years. compare to the prediction you made using the Compound Interest formula? 6. Calculate acsuble for the world population, using the 1963 growth rate. Look at your graph you made on reverse. On the graph, does the population double in the time you calculated in the previous question? (Please explain with 7. "It went from abou...to about.... 8. Does the world population today match the predictions you made in the graph? Why or Why not?? 9. If an investment is made at 5% annual compound interest, about how long will it take for your money to double? 10. If my investment doubles in about 20 years, what is the approximate interest rate? worldwide oil consumption is increasing at a rate of 2.1% per year. In how many years will our consumption double? 11 11b. By what factor will oil consumption increase in a decade? (hint: try some number find the new value, then...) as an "initial value", and 12 The half-life of a drug in the bloodstream is 4 hours. By what factor does the decrease in 24 hours? In 36 hours? Pa'rurentaye rare newvalue - initalauex2 Another model for exponential growth: Doubling Time formula (and for 4. Calculate Tdouble for Nigeria in problem #1 on reverse. 5. Use this Totouable and the formula above to calculate the population of Nigeria in ten years. compare to the prediction you made using the Compound Interest formula? 6. Calculate acsuble for the world population, using the 1963 growth rate. Look at your graph you made on reverse. On the graph, does the population double in the time you calculated in the previous question? (Please explain with 7. "It went from abou...to about.... 8. Does the world population today match the predictions you made in the graph? Why or Why not?? 9. If an investment is made at 5% annual compound interest, about how long will it take for your money to double? 10. If my investment doubles in about 20 years, what is the approximate interest rate? worldwide oil consumption is increasing at a rate of 2.1% per year. In how many years will our consumption double? 11 11b. By what factor will oil consumption increase in a decade? (hint: try some number find the new value, then...) as an "initial value", and 12 The half-life of a drug in the bloodstream is 4 hours. By what factor does the decrease in 24 hours? In 36 hours