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HOW TO interpret exponential growth and percentages

Ever wondered what a 5% growth rate really mean? Or the implications of a 2% population growth rate. I was watching random videos on youtube today when I stumbled upon this video by a University of Colorado - Boulder professor talking about exponential growth and percentages. It is just truly amazing and worth watching.

The one thing I would definitely take away from the video is to figure out the number of years it takes for something to double when it is growing at a certain rate. For eg., if the world population grows at 2% annually, it would double in just 35 years. WOW!!

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