Question:

In the nineteenth century Sweden had a yearly population growth peaking at 1.2%?

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What was its doubling rate and how is this problem figured out?

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  1. Rule of 72.  72 divided by 1.2 equals 60.  So the doubling rate is 60 years.

    The Rule of 72 is an approximation that works pretty well.

    More precisely:

    e^T(.012)=2

    T(.012)=ln2

    T=ln2/.012=57.6

    T=time to double=57.6 Years.

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