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The notion of doubling time dates to interest on loans in Babylonian mathematics. Clay tablets from circa 2000 BCE include the exercise "Given an interest rate of 1/60 per month (no compounding), come the doubling time." This yields an annual interest rate of 12/60 = 20%, and hence a doubling time of 100% growth/20% growth per year = 5 years.
The doubling time (t d) of a population is the time required for the population to grow to twice its size. [24] We can calculate the doubling time of a geometric population using the equation: N t = λ t N 0 by exploiting our knowledge of the fact that the population (N) is twice its size (2N) after the doubling time. [20]
A popular approximated method for calculating the doubling time from the growth rate is the rule of 70, that is, /. Graphs comparing doubling times and half lives of exponential growths (bold lines) and decay (faint lines), and their 70/ t and 72/ t approximations.
So, for example, use 74 if you’re calculating doubling time for 16 percent interest. How the Rule of 72 works. The actual mathematical formula is complex and derives the number of years until ...
In finance, the rule of 72, the rule of 70[1] and the rule of 69.3 are methods for estimating an investment 's doubling time. The rule number (e.g., 72) is divided by the interest percentage per period (usually years) to obtain the approximate number of periods required for doubling. Although scientific calculators and spreadsheet programs have ...
P 0 = P(0) is the initial population size, r = the population growth rate, which Ronald Fisher called the Malthusian parameter of population growth in The Genetical Theory of Natural Selection, [2] and Alfred J. Lotka called the intrinsic rate of increase, [3] [4] t = time. The model can also be written in the form of a differential equation:
The Hayflick limit, or Hayflick phenomenon, is the number of times a normal somatic, differentiated human cell population will divide before cell division stops. [ 1 ] [ 2 ] The concept of the Hayflick limit was advanced by American anatomist Leonard Hayflick in 1961, [ 3 ] at the Wistar Institute in Philadelphia , Pennsylvania.
The population of Europe was more than 70 million in 1340. [18] From 1340 to 1400, the world's population fell from an estimated 443 million to 350–375 million, [19] with the Indian subcontinent suffering the most tremendous loss and Europe suffering the Black Death pandemic; [20] it took 200 years for European population figures to recover. [21]