1 What is the growth factor if water usage is increasing by
1. What is the growth factor if water usage is increasing by 8% per year. Assume that time is measured in years.
2. What is the growth/decay factor per decade for a city whose population grows by 25% per decade?
The growth/decay factor is b=
Solution
(1)
Since the water usage is increasing by 8% per year, therefore its growth factor is given by
growth factor=(8/100)^t (where \"t\" is in year)
therfore
growth factor =(0.08)t
(2)
Since the population of the city is increasing by the 25% per decade, therefore growth facor is given by
growth of the population (b)=(25/100)^t (where t is in decade)
growth factor (b)= (0.25)t
