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This year Facebook has 2.29 billion active members. Assume that membership in Facebook has doubled every year.
Apply the Uninhibited Population Growth model to answer the following questions:
What is the exponential growth rate of Facebook?
How many members Facebook had 10 years ago? (in millions)
How many members Facebook will have 10 years from now? (in billions)
Discuss the basic assumption made when using this model
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