Suppose the average growth rate for a small town with a population of 35,180 in the northeast United States was approximately 0.65% per year. (a) Assuming that growth rate continues, write an equation that will give the population A in t years. A= ? (b) In how many years will the population be 40,000? Round to the nearest tenth of a year. ? yr
Suppose the average growth rate for a small town with a population of 35,180 in the northeast United States was approximately 0.65% per year. (a) Assuming that growth rate continues, write an equation that will give the population A in t years. A= ? (b) In how many years will the population be 40,000? Round to the nearest tenth of a year. ? yr
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Suppose the average growth rate for a small town with a population of 35,180 in the northeast United States was approximately 0.65% per year.
(a) Assuming that growth rate continues, write an equation that will give the population A in t years.
A= ?
(b) In how many years will the population be 40,000? Round to the nearest tenth of a year.
? yr
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