Question: A. The hare population in a certain region has an annual growth rate of 7% per year. In the year 2005, there were 3,400 hare
A.
The hare population in a certain region has an annual growth rate of 7% per year. In the year 2005, there were 3,400 hare counted in the area. What is the hare population predicted to be in the year 2020? Round down to the nearest whole hare.
B.
In the year 1980, the median price for a house in New Hampshire was $95,000. By the year 2000, the median house value had appreciated to $133,300. What was the annual growth rate between 1980 and 2000 (state as a percent to one decimal place)? Assume that the value continued to grow by the same percentage. What will the median price for a house in New Hampshire in the year 2020? Round to the nearest hundred dollars.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
