Mathematics, 06.04.2021 07:40 sconner733

A Major water utility estimates that the average daily consumption of water within a certain city is 30 millions gallons. It has projected that the average daily consumption will equal 40 million gallons in 5 years. What annual rate of growth has the utility used in making its estimate of future consumption? b) The effective interest rate on an investment is 10%. Determine the nominal interest rate if interest is compounded
Annually
Semi Annually
Quartely
Bi-Monthly
Monthly
Weekly

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