Question

the population of a increased at rate of 20% and 12% in 2 successive year in the next 3 years it decrease at the rate 5% 7% and 4% respectively. find the average growth of rate​

Answer 1

Answer:

The average growth of rate will be ​118000

Explanation:

From the above question:

The population of a increased at rate of 20% and 12% in 2 successive year in the next 3 years.

It decrease at the rate 5% 7% and 4% respectively.

We need to calculate:

The average growth of rate​,

Divide the present by the past value, then multiply that number by 1/N (where N is the number of years). Finally, subtract the result by 1,

Average annual growth rate (AAGR) is the average annualized return of an investment, portfolio, asset, or cash flow over time. AAGR is calculated by taking the simple arithmetic mean of a series of returns.

Let the original populatin be x and proceed.

Used depreciation formula, A=P(1+R100), where A = 203904, R = 20 and n = 3 years. Find p.

The average growth of rate will be ​118000.

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