Finding the growth rate and growth factor

label Algebra
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schedule 1 Day
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With the population being at 27,885 in 2006, and has been increasing at approximately 1.13% per year since 1990, What is the growth rate and growth factor for this problem?

May 2nd, 2015

The growth rate is 1.13%

The growth factor is 100% + 1.13% = 101.13% (=1.0113)

May 2nd, 2015

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May 2nd, 2015
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May 2nd, 2015
Jun 26th, 2017
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