Basics Of Engineering Economy
Basics Of Engineering Economy
2nd Edition
ISBN: 9780073376356
Author: Leland Blank, Anthony Tarquin
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 6, Problem 11P

The Closing the Gaps initiative by the Texas Higher Education Coordinating Board established the goal of increasing the number of students in higher education in Texas from 1,064,247 in 2000 to 1,694,247 in 2015. If the increase occurs uniformly and is compounded annually, what rate of increase is required each year to meet the goal?

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