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Calculate Doubling Time from Growth Rate

Doubling Time Formula:

\[ t_d = \frac{\ln(2)}{r} \]

per unit time

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1. What is Doubling Time?

Doubling time is the period of time required for a quantity to double in size or value at a constant growth rate. It's commonly used in finance, biology, population studies, and other fields where exponential growth occurs.

2. How Does the Calculator Work?

The calculator uses the doubling time formula:

\[ t_d = \frac{\ln(2)}{r} \]

Where:

Explanation: The formula shows that doubling time is inversely proportional to the growth rate. Higher growth rates result in shorter doubling times.

3. Practical Applications

Examples: Calculating how long it takes for investments to double, bacterial populations to double, or cities to double in size based on growth rates.

4. Using the Calculator

Tips: Enter the growth rate as a decimal (e.g., 0.05 for 5% growth). The growth rate must be positive. The result will be in the same time units as your growth rate.

5. Frequently Asked Questions (FAQ)

Q1: What's the relationship between growth rate and doubling time?
A: They are inversely related - higher growth rates mean shorter doubling times.

Q2: Can this be used for percentage growth rates?
A: Yes, but convert percentages to decimals (e.g., 5% = 0.05).

Q3: What's the Rule of 70?
A: A quick approximation: doubling time ≈ 70 divided by the percentage growth rate.

Q4: Does this work for negative growth rates?
A: No, the formula only works for positive growth rates.

Q5: How accurate is this calculation?
A: It's mathematically exact for continuous exponential growth.

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