Question

On January 1st 2010, the Cheyenne population was 30,000. On the same date in 2020, the...

On January 1st 2010, the Cheyenne population was 30,000. On the same date in 2020, the population was 60,000. Determine the simple average annual growth rate and the GM growth rate for the population change.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
On January 1st, 2020, an investment portfolio was valued at $10,000. Due to COVID-19 concerns, world...
On January 1st, 2020, an investment portfolio was valued at $10,000. Due to COVID-19 concerns, world markets plummetted in value in early 2020, and as of April 1st, 2020 the portfolio had a value which was only 75% of its value at the beginning of the year. Stock markets have proven to be resilient over time, so assuming that markets recover at an annual rate of 5.5% compounded quarterly, how long will it take for the portfolio to recover to...
Suppose the population of a town was 40,000 on January 1, 2010 and was 50,000 on...
Suppose the population of a town was 40,000 on January 1, 2010 and was 50,000 on January 1, 2015. Let P(t) be the population of the town in thousands of people t years after January 1, 2010. (a) Build an exponential model (in the form P(t) = a*bt ) that relates P(t) and t. Round the value of b to 5 significant figures. (b) Write the exponential model in the form P(t) = a*ekt. According to this model, what is...
Sheldon borrowed $30,000 from the First National Bank of Bloomington on January 1, 2020. This loan...
Sheldon borrowed $30,000 from the First National Bank of Bloomington on January 1, 2020. This loan is amortized over 3 equal annual payments using an annual interest rate of 10.00%. The first annual payment of $12,063.44 is due on January 1, 2021. What amount of the first loan payment due on January 1, 2021 is interest?
Topic : Time value money Subject : Engineering economics Today is January 1st 2020 (Year 0),...
Topic : Time value money Subject : Engineering economics Today is January 1st 2020 (Year 0), Mr. Solid decided to purchase the Hellcat Confederate X132 on January 2030. The price for Hellcat Confederate X132 in January 2020 is $500k without considering the road-tax. The price is expected to increase by 10% by the time of purchase without any interest rate/inflation. Determine the amount of which Mr. Saran needs to accumulate if he is planning to invest $100k every year starting...
Q1In May 2020, the world population was 7.8 billion and was growing at a rate of...
Q1In May 2020, the world population was 7.8 billion and was growing at a rate of 1.08 percent. Project what the world population would be in 2025, 2050, and 20100 at this constant growth rate. Type all work and your final answers here. Question 1-2: Given a 2011 population of 7 billion and a 2020 population of 7.8 billion, calculate the average annual growth rate over that 9-year period. Type all work and your final answer here. Question 1-3: At...
Calculate the present value of both share prices: On 1st January 2018, you are looking for...
Calculate the present value of both share prices: On 1st January 2018, you are looking for a share for possible inclusion in your investment portfolio. You have found two shares in two different markets. Your analysis says that both shares are highly positively correlated, so you are considering them as mutually exclusive. Your budget does not permit you to invest more than $90 for a share. The opportunity cost of your capital is 15%. Share 1: The company's income is...
on january 1st, year 1, a company issues $310,000 of 9% bonds, due in 20 years,...
on january 1st, year 1, a company issues $310,000 of 9% bonds, due in 20 years, with interest payable semiannually on june 30 and December 31 each year. Assuming the market interest rate on the issue date is 10%, the bonds will issue at $283,405. I need the answers for 1/1 year 1 carrying value: 6/30/year 1: ___________ cash paid, _____________ interest expense, _________________ change in carrying value, _________________ carrying value 12/31/year 1: ___________ cash paid, _______________ interest expense, _____________...
In January, 1st, 1990, investigator A took a simple random sample of 1,050 adults from an...
In January, 1st, 1990, investigator A took a simple random sample of 1,050 adults from an urban community of 100,000. After examining the entire study population of 1,050, she had detected 50 cases of diabetes, a chronic disease for which there is no recovery or cure. In January, 1st , 1995 (5 years later), she re-examined all of the participants from her original study population. Thirty new cases of diabetes were identified. Ten subjects died (showed in the Table 2)...
Topic : Time value money Subject : Engineering Economics Today is January 1st 2020 (Year 0),...
Topic : Time value money Subject : Engineering Economics Today is January 1st 2020 (Year 0), Dr. Sid decided to purchase a 2009 Ducati Sport 1000 from the film Tron Legacy on January 2024. The price for 2009 Ducati Sport 1000 today is $70,000 (without road-tax). The price is expected to increase by 10% every year by taking into consideration the interest rate or/inflation since it is a collectors’ items. i. Determine the price of the 2009 Ducati Sport 1000...
On January 1, 2020, Samsung Corporation has 400,000 shares of $3 par value common stock outstanding....
On January 1, 2020, Samsung Corporation has 400,000 shares of $3 par value common stock outstanding. On the same date the corporation’s board of directors declares a 12% stock dividend to be issue on March 2, 2020. On the declaration date, the corporation’s common stock fair market value is $4. On declaration date, the corporation will record: * Debit Stock Dividend $144,000 Debit Stock Dividend $192,000 Credit Stock Dividend $144,000 Credit Stock Dividend $192,000 A Company has 30,000 shares of...