The expected demand is subjected to increase from 9,287 MW is 2005 to 19,064 MW in 2014. Following such exponential development P = P(sub 0)e^at, what is the average growth rate? a.) 9 percent b.) 7 percent c.) 8 percent d.) 10 percent

The expected demand is subjected to increase from 9,287 MW is 2005 to 19,064 MW in 2014. Following such exponential development P = P(sub 0)e^at, what is the average growth rate? a.) 9 percent b.) 7 percent c.) 8 percent d.) 10 percent

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.8: Fitting Exponential Models To Data

Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...

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Question

The expected demand is subjected to increase from 9,287 MW is 2005 to 19,064 MW in 2014. Following such exponential development P = P(sub 0)e^at, what is the average growth rate?

a.) 9 percent

b.) 7 percent

c.) 8 percent

d.) 10 percent

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