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Part 1
Use the approximate doubling time formula for the case described below. Discuss whether the formula is valid for the case described.
Gasoline prices are rising at a rate of 0.30.3% per month. What is their doubling time? By what factor will prices increase in 44 yearss? in 99 years?
Question content area bottom
Part 1
Use the approximate doubling time formula. What is its doubling time?
enter your response here months