If a man were to sell his T.V set for 7200, he would have lost 25%. For what price must he sell it to
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Answer:
1.4% is the maximum acceptable annual rate of growth such that the population must stay below 24 billion during the next 100 years.
Step-by-step explanation:
We are given the following in the question:
The exponential growth model is given by:
where k is the growth rate, t is time in years and is constant.
The world population is 5.9 billion in 2006.
Thus, t = 0 for 2006
We have to find the maximum acceptable annual rate of growth such that the population must stay below 24 billion during the next 100 years.
Putting these values in the growth model, we have,
1.4% is the maximum acceptable annual rate of growth such that the population must stay below 24 billion during the next 100 years.