QUESTION IMAGE
Question
$\frac{70}{r \text{ (growth rate)}} = \text{doubling time} \\\\ r \text{ (growth rate)} = 2\\% \\\\ \text{calculate the doubling time.} \\\\ 35 \text{ years} \\\\ 140 \text{ years} \\\\ 98 \text{ years}$
Step1: Identify the formula and values
The formula for doubling time is $\frac{70}{r}$, where $r$ is the growth rate (in percentage). Here, $r = 2\%$.
Step2: Substitute the value of r into the formula
Substitute $r = 2$ into $\frac{70}{r}$, we get $\frac{70}{2}$.
Step3: Calculate the result
$\frac{70}{2}= 35$.
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35 years