Mathematics: A Practical Odyssey
Mathematics: A Practical Odyssey
8th Edition
ISBN: 9781305104174
Author: David B. Johnson, Thomas A. Mowry
Publisher: Cengage Learning
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Chapter 11.2, Problem 5E

In Exercises 5 − 11 , round all percents to the nearest whole percent.

A census report shows that currently 32 % of the residents of Metropolis own their home and that 68 % rent. The census report also shows that 12% of the renters plan to buy a home in the next 12 months and that 3% of the homeowners plan to sell their home and rent instead. If residents follow their plans, find what percentage of Metropolis residents will be home owners and what percent will be renters:

a. in 1 year b. in 2 years
c. in 3 years
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Chapter 11 Solutions

Mathematics: A Practical Odyssey

Ch. 11.0A - In Exercises 1-10, a find the dimensions of the...Ch. 11.0A - Prob. 2ECh. 11.0A - Prob. 3ECh. 11.0A - Prob. 4ECh. 11.0A - Prob. 5ECh. 11.0A - Prob. 6ECh. 11.0A - Prob. 7ECh. 11.0A - Prob. 8ECh. 11.0A - Prob. 9ECh. 11.0A - In Exercises 1-10, a find the dimensions of the...
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