Consider the average annual growth rate 5.24% of 2000-2005, and forecast the population in Abu Dhabi in 2020. Use the continuous compounding equation of growth. Year Abu Dhabi Nationals Non-nationals Total 1980 90,792 361,056 1985 135,982 430,054 1990 173,992 556,389 1995 222,627 719,836 2000 206006 846,267 2005 330879 1,049,207 UAE 451,848 1,016,789 566,036 1,350,433 730,381 1,811,457 942,463 2,350,192 3,050,127 4,481,976
Consider the average annual growth rate 5.24% of 2000-2005, and forecast the population in Abu Dhabi in 2020. Use the continuous compounding equation of growth. Year Abu Dhabi Nationals Non-nationals Total 1980 90,792 361,056 1985 135,982 430,054 1990 173,992 556,389 1995 222,627 719,836 2000 206006 846,267 2005 330879 1,049,207 UAE 451,848 1,016,789 566,036 1,350,433 730,381 1,811,457 942,463 2,350,192 3,050,127 4,481,976
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Consider the average annual growth rate 5.24% of 2000-2005, and forecast the population in Abu Dhabi in 2020. Use the
continuous compounding equation of growth.
Year Abu Dhabi
Nationals Non-nationals Total
1980 90,792
361,056
1985 135,982 430,054
1990 173,992 556,389
1995 222,627 719,836
2000 206006 846,267
2005 330879 1,049,207
UAE
451,848 1,016,789
566,036 1,350,433
730,381 1,811,457
942,463 2,350,192
3,050,127
4,481,976
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