Question: Assume that a medium - sized town now has a peak electrical demand of 1 0 5 megawatts, increasing at an annually compounded rate of

Assume that a medium-sized town now has a peak electrical demand of 105 megawatts, increasing at an annually compounded rate of 15%. The current generating capacity is 240 megawatts.
How soon will additional generating capacity be needed online?
If the new generator is designed to take care of needs 5 years past the on-line date, then what size should it be? Assume that the present generators continue in service.

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