SOLUTION: Suppose a certain population increases by 20% every ten years. By what percent does the population increase each year (assuming a constant growth rate)? (Hint: the answer is not 2%

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Question 973861: Suppose a certain population increases by 20% every ten years. By what percent does the population increase each year (assuming a constant growth rate)? (Hint: the answer is not 2%.)
Show your work. Round to the nearest hundredth of a percent.
I believe they are asking for me to use the equation A = Pe^(rt)
Thank you!!

Answer by josgarithmetic(39620) About Me  (Show Source):