Say a certain service industry has 78.9 thousand jobs in 2003, but expects to increase at an average annual rate of 2.65 thousan

Question

goldfiish [28.3K]

3 years ago

7

Say a certain service industry has 78.9 thousand jobs in 2003, but expects to increase at an average annual rate of 2.65 thousan

d jobs yearly from 2003 to 2013. If this holds true, what will be this industry’s percent increase from 2003 to 2013?

Mathematics

2 answers:

Andrew [12] · Answer 1 · 2021-12-16T00:05:33+03:00

Andrew [12]3 years ago

3 0

Number of years = 10 years
Total number of new jobs = 2.65 thousand x 10 = 26.5 thousand = 26,500
Number of jobs in 2013 = 78,900 + 26,500 = 105,400

% increase = (105,400 - 78,900)/78,900 x 100 = 26,500/78,900 x 100 = 0.3359 x 100 = 33.59%

mezya [45] · Answer 2 · 2021-12-16T01:47:35+03:00

mezya [45]3 years ago

3 0

Answer:

c on edg

Step-by-step explanation: