Question: Rounded to the nearest month, how long will it take a towns population to: a. Grow from 32,500 to 40,000 if the annual growth rate
Rounded to the nearest month, how long will it take a town’s population to:
a. Grow from 32,500 to 40,000 if the annual growth rate is 3%?
b. Shrink from 40,000 to32,500 if the annual rate of decline is3%?
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a Given PV 32500 FV 40000 j 3m 1 Eachcompounding period is 1 year The partial peri... View full answer
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