Solve the Problem. -Suppose the Consumption of Electricity Grows at 5.8% Per Year

question 291

Multiple Choice

Solve the problem.
-Suppose the consumption of electricity grows at 5.8% per year, compounded continuously. Find the number of years before the use of electricity has tripled. Round the answer to the nearest hundredth.

• A) 1.89 yr
• B) 18.94 yr
• C) 51.72 yr
• D) 0.19 yr

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Definitions:

Aggressive Types

Classification of behaviors or personalities that are characterized by hostility, assertiveness, and often the intent to harm others.

Personality

Personality encompasses the consistent, enduring patterns of thought, feeling, and behavior that characterize an individual.

Heated Moment

A period of intense emotion or conflict, often leading to impulsive or regrettable actions.

Personality

A blend of emotional reactions, attitudes, and behaviors that differentiate one individual from others.