A utility company in a western city of the United States expects the consumption of electricity to increase by 12%/year during the next decade, due mainly to the expected increase in population. If consumption does increase at this rate, find the amount by which the utility company will have to increase its generating capacity in order to meet the needs of the area at the end of the decade. (Round your answer to two decimal places.) 3.11

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 12CC: Suppose that the initial size of a population is n0 and the population grows exponentially. Let n(t)...
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A utility company in a western city of the United States expects the
consumption of electricity to increase by 12%/year during the next decade,
due mainly to the expected increase in population. If consumption does
increase at this rate, find the amount by which the utility company will have
to increase its generating capacity in order to meet the needs of the area at
the end of the decade. (Round your answer to two decimal places.)
3.11
Transcribed Image Text:A utility company in a western city of the United States expects the consumption of electricity to increase by 12%/year during the next decade, due mainly to the expected increase in population. If consumption does increase at this rate, find the amount by which the utility company will have to increase its generating capacity in order to meet the needs of the area at the end of the decade. (Round your answer to two decimal places.) 3.11
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