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The population of Mexico was 111 million in 2009 and was growing at a rate of 1.13% per year, compounded continuously.
(A) Assuming that the population continues to grow at this rate, estimate the population of Mexico in the year 2025.
(B) At the growth rate indicated, how long will it take the population of Mexico to double?
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Arkin, the owner of Redacre, executed a real estate mortgage to the Shawnee Bank and Trust Company for $100,000. After the mortgage was executed and recorded, Arkin constructed a dwelling on the premises and planted a corn crop. After Arkin defaulted..
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