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ID: 3018917 • Letter: O
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ou've already done this problem. Score on last attempt: 0 out of 1 score in gradebook: 0 out of 1 Reattempt this question When you are done, click here to see a summary of your score Question with last attempt is displayed for your review only Suppose the population of Florida increases by 1.35 % each year. a. What is the 1-year growth factor? Preview 135 b. What is the 7-year growth factor? c. What is the 8-year growth factor? Preview d. What is the 8-year percent change? #96 Preview 80 F3 FS 2 3 4 6Explanation / Answer
we are given
population increase by 1.35% per year
(a)
In 1 year population growth = 1.35 %
so, growth factor in 1 year = 1.35/100 = 0.0135
(b)
growth factor in 1 year = 0.0135
growth factor in 7 years = 0.0135*7=0.0945
growth factor in 7 years = 0.0945.......................Answer
(c)
growth factor in 1 year = 0.0135
growth factor in 8 years = 0.0135*8=0.108
growth factor in 7 years = 0.108.......................Answer
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