According to the World Bank (Source: http://data.worldbank.org/indicator/ IT.CEL.SETS/countries/1W?display=graph), the total numbers of mobile phone sub- scriptions in 2008 and 2012 are 4,028,070,041 and 6,264,810,140, respectively. Find the average rate of growth (number of subscriptions per year).

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 3SE: The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but...
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According to the World Bank (Source: http://data.worldbank.org/indicator/
IT.CEL. SETS/countries/1W?display=graph), the total numbers of mobile phone sub-
scriptions in 2008 and 2012 are 4,028,070,041 and 6,264,810,140, respectively. Find the
average rate of growth (number of subscriptions per year).
Transcribed Image Text:According to the World Bank (Source: http://data.worldbank.org/indicator/ IT.CEL. SETS/countries/1W?display=graph), the total numbers of mobile phone sub- scriptions in 2008 and 2012 are 4,028,070,041 and 6,264,810,140, respectively. Find the average rate of growth (number of subscriptions per year).
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