SOLUTION: during the decade of the 1990s, and into the 2000s, Las Vegas, Nevada, was the fastest growing city in the United States. The population increased from 258,295 in 1990 to 607,876 i

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Question 1190735: during the decade of the 1990s, and into the 2000s, Las Vegas, Nevada, was the fastest growing city in the United States. The population increased from 258,295 in 1990 to 607,876 in
2009. This is an increase of 349,581 people, or a 135.3 percent increase over the period. The
population has more than doubled. What is the average annual percent increase?

Answer by ikleyn(52781)   (Show Source): You can put this solution on YOUR website!
.
during the decade of the 1990s, and into the 2000s, Las Vegas, Nevada, was the fastest growing city
in the United States. The population increased from 258,295 in 1990 to 607,876 in
2009. This is an increase of 349,581 people, or a 135.3 percent increase over the period. The
population has more than doubled. What is the average annual percent increase?
~~~~~~~~~~~~~~~

According to the given data, the multiplicative growth coefficient in 19 years from 1990 to 2009 years is  


     = 2.353,  


and it is in accordance with  the other form of input data

    2.353 = 1 + 1.353.


Therefore, the annual mean multiplicative growth coefficient is  2.353^(1/19) =  = 1.046.


It means that annual percent increase is 4.6%.    ANSWER

Solved.



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