Tacomas population in 2000 was about 200 thousand, and has been growing by about 8% each year. If this continues, what will Tacomas population be in 2015?
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Tacomas population in 2000 was about 200 thousand, and has been growing by about 8% each year. If this continues, what will Tacomas population be in 2015?
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- The number of people living in a town is decreasing by 11% per year. if the current population is 12,500. What will the population be in 13 years?a. In 2000, the population of a country was approximately 5.76 million and by 2050 it is projected to grow to 10 million. Use the exponential growth model A=A0ekt, in which t is the number of years after 2000 and A0 is in millions, to find an exponential growth function that models the data. b. By which year will the population be 11 million?What will be the approximate population of the United States, if its current population of 280 million grows at a compound rate of 2% annually for 25 years?
- In 2011 King County Hospital's total patient revenues were $15 million. In 2020 patient revenues are expected to be $38.37 million. The compound growth rate in patient revenues over this time period is___________________.The fox population in a certain region has an annual growth rate of 7 percent per year. It is estimated that the population in the year 2000 was 29700.(a) Find a function that models the population tt years after 2000 (t=0t=0 for 2000). Your answer is P(t)=P(t)= (b) Use the function from part (a) to estimate the fox population in the year 2008. Your answer is (the answer should be an integer)A company’s 2005 sales were $100 million. If sales grow at 8% per year, how large will they be 10 years later, in 2015, in millions?
- Gary’s Pipe and Steel company expects sales next year to be $910,000 if the economy is strong, $655,000 if the economy is steady, and $376,000 if the economy is weak. Gary believes there is a 10 percent probability the economy will be strong, a 55 percent probability of a steady economy, and a 35 percent probability of a weak economy. What is the expected level of sales for next year?CelebNav, Inc., had sales last year of $700,000, and the analysts are predicting strong future performance for the start-up, with sales growing 20 percent a year for the next three years. After that, the sales should grow 11 percent per year for two years, at which time the owners are planning to sell the company. What are the projected sales for the last year before the sale?CelebNav, Inc. had sales last year of $750,000 and the analysts are predicting a good year for the start up, with sales growing 21 percent a year for the next 3 years. After that, the sales should grow 12 percent per year for another two years, at which time the owners are planning on selling the company. What are the projected sales for the last year before the sale? (Round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.) Projected sales in year 5 $
- If an average home in your town currently costs $300,000, and house prices are expected to grow at an average rate of 5 percent per year, what will an average house cost in 10 years?Sharpe Knife Company expects sales next year to be $1,700,000 if the economy is strong, $900,000 if the economy is steady, and $700,000 if the economy is weak. Ms. Sharpe believes there is a 35 percent probability the economy will be strong, a 45 percent probability of a steady economy, and a 20 percent probability of a weak economy. What is the expected level of sales for the next year?Petry Corp. is a growing company with sales of $1.25 million this year. The firm expects to grow at an annual rate of 25 percent for the next three years, followed by a growth of 20 percent per year for the next two years. What will be Petry’s sales at the end of five years?