The population of a small town increases by a growth factor of1.134 over a two y

Question

The population of a small town increases by a growth factor of1.134 over a two year period. a) By what percent does the town increase in size during thetwo year period? b) If the town grows by the same percent each year, what isits annual percent growth rate? PLEASE SHOW ALL FORMULAS USED AND CALCULATIONS The population of a small town increases by a growth factor of1.134 over a two year period. a) By what percent does the town increase in size during thetwo year period? b) If the town grows by the same percent each year, what isits annual percent growth rate? PLEASE SHOW ALL FORMULAS USED AND CALCULATIONS

Explanation / Answer

a) The percentage is 13.4%     Just look into the growth factor and subtract itby 1 and time 100 b) If it grows same percentage each year, just divide thepercentage in two year into halves. Then we find the annualpercentage is 6.7% Hope this helps and please rate me as I took time to solve it,thank you

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.