From 1953 to 1966 the number of automobiles in the country increased at an annual rate of 4.5 percent. What is the doubling time for growth in automobiles in the US?
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From 1953 to 1966 the number of automobiles in the country increased at an annual rate of 4.5 percent. What is the doubl...
From 1953 to 1966 the number of automobiles in the country increased at an annual rate of 4.5 percent. What is the doubling time for growth in automobiles in the US?
Complete the following table Population Growth Rate, k Doubling Time, T Country A 2.6% per year Country B 26 years Population Growth Rate, k Doubling Time Country A 2.6% per year !years Country B % per year 26 years Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
Country A had a 3% Inflation rate in 2003, and it increased by 0.9 percentage points each year until 2007. Country had an inflation rate of 14 in 2003, and its annual growth was 15 percentage points 2007. Determine the difference in inflation rate between Country B and Country A in 2007. Throughout your calculations, round to one decimal place, and enter your answer as a positive number in the box below.
In the year 2000, the population of a certain country was 276 million with an estimated growth rate of 0.5% per year a. Based on these figures, find the doubling time and project the population in 2120 b Suppose the actual growth rates are ust 0.2 percentage points lower and higher than 0.5% per year 0.3% and 0.7%). What are the resulting doubling times and projected 2120 population? a. Let y(t) be the population of the country, in millions, t...
Small differences in annual growth rates cumulate into large differences in GDP. Shown here are the number of years it would take to double GDP at various growth rates. Doubling times can be approximated by the rule of 72. Seventy-two divided by the growth rate equals the number of years it takes to double. Growth Rate Doubling Time (Percent) (Years) 0.0 Never 0.5 144.0 1.0 72.0 48.0 1.5 2.0 36.0 28.8 2.5 3.0 3.5 24.0 20.6 18.0 4.0 4.5 16.0...
Question 35 If the money supply growth rate permanently increased from 4 percent to 10 percent, what would we expect to happen to the inflation rate and the nominal interest rate? Both the inflation rate and the nominal interest rate would increase by less than 6 percent. The inflation rate would increase by 6 percent, and the nominal interest rate would increase by less than 10 percent. The inflation rate would increase by less than 6 percent, and the nominal interest rate would increase...
You are going to deposit $22,000 today. You will earn an annual rate of 4.5 percent for 13 years, and then earn an annual rate of 3.9 percent for 16 years. How much will you have in your account in 29 years?
In the year 2000, the population of a certain country was 278 million with an estimated growth rate of 0.5% per year. Based on these figures, find the doubling time and project the population in 2100. Let y(t) be the population of the country, in millions, t years after the year 2000. Give the exponential growth function for this country's population. y(t) = 1 (Use integers or decimals for any numbers in the expression. Round to four decimal places as...
The Rule of 72 Small differences in annual growth rates cumulate into large differences in GDP. Shown here are the number of years it would take to double GDP at various growth rates. Doubling times can be approximated by the rule of 72. Seventy-two divided by the growth rate equals the number of years it takes to double. Growth Rate Doubling Time (percent) (years) Never 144.0 72.0 48.0 36.0 20.6 20.6 18.0 16.0 14.4 13.1 12.0 11.1 China's output grew...
Suppose that a company's annual sales were $1,200,000 in 1999. The annual growth rate of sales from 1999 to 2000 was 16 percent, from 2000 to 2001 it was −5 percent, and from 2001 to 2002 it was 22 percent. The geometric mean growth rate of sales over this three-year period is calculated as 10.37 percent. Use the geometric mean growth rate and determine the forecasted sales for 2004.