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Suppose the Consumption of Electricity Grows at 4

Question 288

Multiple Choice

Suppose the consumption of electricity grows at 4.4% per year, compounded continuously. Find the number of years before the use of electricity has tripled. Round the answer to the nearest hundredth.


A) 0.25 yr
B) 68.18 yr
C) 2.50 yr
D) 24.97 yr

Correct Answer:

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