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Doubles every 8 years? It is not 12.5%

Get the yearly growth rate in one line, then read the year off a crossing.

1:37 · Nonlinear Functions

Episode 11: Doubles every 8 years? It is not 12.5%

Worked in this video

A population doubles every 8 years. It is modeled by P = P₀ · 2^(t/8), where t is in years.

By what percent does the population grow each year, to the nearest tenth?

On paper this means rewriting 2^(t/8) as (2^(1/8))^t and then finding an eighth root without a calculator, which is why the tempting guess is 100% ÷ 8 = 12.5%. That is wrong, because growth compounds. The yearly factor is 2^(1/8): type exactly that into Desmos and it reads 1.0905. Subtract 1 and multiply by 100: the population grows 9.1% a year.

Answer: 9.1%

    Doubles every 8 years? It is not 12.5% — The Desmos Series | UnlimitedTests