A growing community increases its consumption of electricity 2% per yr. (a) If the community uses 1.1
Question:
A growing community increases its consumption of electricity 2% per yr.
(a) If the community uses 1.1 billion units of electricity now, how much will it use 5 yr from now? Round to the nearest tenth.
(b) Find the number of years (to the nearest year) it will take for the consumption to double.
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Step by Step Answer:
To calculate the future consumption of electricity we can use the formula for compound interest A P ...View the full answer
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Related Book For 
Intermediate Algebra
ISBN: 9780134895987
13th Edition
Authors: Margaret Lial, John Hornsby, Terry McGinnis
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