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22 December, 03:53

Twenty years ago a small town in Texas had a population of 10,000. The population has increased 8% each year since then. What is the growth factor that would be used to solve this problem?

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  1. 22 December, 04:00
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    The growth factor is one plus or minus (depending on increase or decrease) the percent written as a decimal. In this case 1-0.08 = 0.92
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