Math Double Time Formula – Problem Solution with Solved Example More Videos Double Time Formula The total time span taken to double quantity or size of a product is called the doubling time. The double time formula is applicable for multiple domains like population growth, finance, compound interest, and many other fields. If you know the constant growth rate then double time can be calculated quickly with the help of double time formula as given in mathematics. The time is calculated by the dividing the natural logarithms of two or the exponent of growth. Here is the double time formula as given in mathematics – \[\LARGE T_{d}=\frac{\log 2}{\log (1+r)}\] Where, T_{d} = doubling time r = content growth rate The most useful application of double time formula can be seen in calculating the time required to double the investment or interest on bearing account. When you will see carefully, r is constant rate of growth per period. If one wanted to calculated the compounded interest on their invested money that will be added monthly then r will express the monthly rate of growth here. And the annual growth rate can be calculated by dividing the value with 12. In this situation, the double time formula will always give you the total number of months that it will take to double the amount not the years. Additionally, the rule 72 also work in the same way but the rate of interest is always as a whole number here. This is quite common in financial industries that are designing attractive investment plan frequently or another common example bank investments. Related posts: What is Compound Interest? Compound Interest Formulas Average Rate Of Change Formula Made Simple What Is Loan Amortization Formula? Calculation & Example? Maths Formulas for Class 12 Change of Base Formula with Problem Solved Example Integrals Maths Formulas for Class 12 Chapter 7 List of Basic Maths Formulas for Class 5 to 12 Exponential Formula | Function, Distribution, Growth & Equation Simple Interest Formula to Calculate Simple Interest Rate & Example Discount Formula – Discount Rate & Discount Percentage Formulas What is Remainder Theorem? Remainder Theorem Proof & Remainder Formula Chain Rule Formula with Problem Solution & Solved Example Difference Quotient Formula | Quotient Rule Derivative & Differentiation Diagonal Formula with Problem Solution & Solved Example Inscribed Angle Theorems Proof | Inscribed Angle Theorem Formula Decay Formula – Exponential Growth & Radioactive Decay Formula U Substitution Formula – Problem Solution with Solved Example Riemann Sum Formula Right Angle Formula| Half-Angle, Double Angle, Multiple Cosine Formula – Law or Rule of Cosine Double & Half Angle, Addition Related Topics: Up Next Population Mean Formula – Problem Solution with Solved Example Don't Miss Cosine Formula – Law or Rule of Cosine Double & Half Angle, Addition Continue Reading Latest Popular Guest Post13 hours ago Increasing Instagram Followers Guest Post1 day ago What is Marketing Automation? Marketing Automation Tools Guest Post3 days ago How Machine Learning Changed The Traditional Ways Of Developing A Mobile App. Guest Post4 days ago Why Email Marketing Is Important For Ecommerce Business? Difference Between1 week ago How to Compare Vagrant, Kubernetes, Mesos, and Docker? Learn1 week ago Square and Square Root Table of 1 to 100 | 100 Square Root Chart Learn1 week ago How Many Seconds in a Minutes, Hour, Day, Week, Month and Year? Learn1 week ago How Many Hours in a Day, Week, Month and Year or Leap Year? Difference Between1 week ago Difference Between Apache Spark and Apache Flink Guest Post4 weeks ago Top 12 Big Data Certifications in Demand For 2020 Math8 months ago Average Rate Of Change Formula Made Simple Math8 months ago List of Basic Maths Formulas for Class 5 to 12 Math2 years ago Percentage Formulas | How to Calculate Percentages of a Number? Math2 years ago Surface Area of a Triangular Prism Formula & Volume of a Triangular Math2 years ago Triangular Pyramid Formula | Volume & Surface Area of a Triangular Pyramid Math2 years ago Y Intercept & X Intercept Formula | Slope Intercept Form & Equation Math2 years ago What is Integration? List of Integration by Parts Formulas Math8 months ago List of Basic Algebra Formulas for Class 5 to 12 Math2 years ago What is (a-b)^3 Formula? a^3-b^3 Formula | (a-b)^2 | (a+b-c)^2 Math2 years ago List of Pyramid Formula – Surface Area, Volume of Pyramid Advertisement