A town has a population of 5000 persons, but is expected to grow by 2% every year. (i) What wound be the population size in 7 years? (ii) Find the sum of the first eight terms of the sequence 1/8,−1/4 ,1/2,.... Please show working.
A town has a population of 5000 persons, but is expected to grow by 2% every year. (i) What wound be the population size in 7 years? (ii) Find the sum of the first eight terms of the sequence 1/8,−1/4 ,1/2,.... Please show working.
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 1.2CE: Plot the logarithm of arrivals for each transportation mode against time, all on the same graph....
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A town has a population of 5000 persons, but is expected to grow by 2% every year.
(i) What wound be the population size in 7 years?
(ii) Find the sum of the first eight terms of the sequence 1/8,−1/4 ,1/2,.... Please show working.
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