Question
The population of a city increases in size by 10 percent every 10 years. a)By what percentage will the population have increased after 27 years?
The population of a city increases in size by 10 percent every 10 years.
a)By what percentage will the population have increased after 27 years? (Give your answer correct to at least two decimal places.)
b)By what percentage does the growth rate of the city increase over a 10 year period? (Give your answer correct to at least two decimal places.)
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Essentials of Business Analytics
Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
2nd edition
1305627733, 978-1305861817, 1305861817, 978-0357688960, 978-1305627734
