Asked by Kerry
A town has a population of 8400 in 1990. Fifteen years later, it's population grew to 125,000. Determine the average annual growth rate of this town's population. Round to the nearest tenth of a percent.
Answers
Answered by
Ms. Sue
125,000 - 8,400 = 116,600
116,600 / 15 = 7,773.33333
7,773.33 / 8,400 = 0.925396429 = 92.5% annual growth
116,600 / 15 = 7,773.33333
7,773.33 / 8,400 = 0.925396429 = 92.5% annual growth
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