Use the approximate doubling time formula for the case

Last updated: 2/11/2024

Use the approximate doubling time formula for the case described below Discuss whether the formula is valid for the case described An economic indicator is increasing at the rate of 3 per year What is its doubling time By what factor will the indicator increase in 5 years Use the approximate doubling time formula What is its doubling time years Type an integer or decimal rounded to the nearest tenth as needed