1. 7% yearly population growth
DemographerBackground
A city of 100 (thousands) is growing 7% per year and planners need doubling time plus later multiples.
Problem
Compare the Rule of 70 with exact compounding and see when the population would reach 4× and 8×.
How to use
Set growth rate per period to 7, keep numerator 70, and enter initial value 100.
ratePct: 7, ruleNumerator: 70, initialValue: 100Outcome
Rule-of-70 estimate 10 years vs exact 10.24 (−2.39% error); continuous 9.90. Reaches 200 at 10.24, about 400 at 20.49, and about 800 at 30.73.