Assume the consumption of electricity is increasing at 7% per year. If it continues to increase at this rate indefinitely, find the number of years before the electric utilities will need to double their generating capacity. The electric utilities will need to double their generating capacity in about years. (Do not round until the final answer. Then round to the nearest year as needed.)

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.2: The Natural Exponential Function
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Assume the consumption of electricity is increasing at 7% per year. If it continues to increase at this rate indefinitely, find the number of years before the electric utilities
will need to double their generating capacity.
The electric utilities will need to double their generating capacity in about years.
(Do not round until the final answer. Then round to the nearest year as needed.)
Transcribed Image Text:Assume the consumption of electricity is increasing at 7% per year. If it continues to increase at this rate indefinitely, find the number of years before the electric utilities will need to double their generating capacity. The electric utilities will need to double their generating capacity in about years. (Do not round until the final answer. Then round to the nearest year as needed.)
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