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need help to solve, please see attached Energy Consumption A metropolitan utility company in a western city of the United States expects the consumption of
need help to solve, please see attached
Energy Consumption A metropolitan utility company in a western city of the United States expects the consumption of electricity to increase by 3% per year during the next decade, due mainly to the expected population increase. If consumption does increase at this rate, nd the amount (in percent} by which the utility company will have to increase its generating capacity in order to meet the area's needs at the end of the decade. (Round your answer to the nearest whole number.) |:|% Effect of Ination an Salaries Omar's current annual salary is $58,000. How much will he need to earn (in doliars) 10 years from now to retain his present purchasing power if the rate of ination over that period is 3%,I'year? Assume that ination is continuously compounded. (Round your answer to two decimal places.) 15: Investment Analysis The effective rate of interest can be calculated using the formula ( 'i'\" r = 1 + 1 EH m where re\Step by Step Solution
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