Mathematics, 26.08.2020 21:01 espiritu9632
The pipe fitting industry had 546.5 thousand jobs in 2015 and is expected to decline at an average rate of 3 thousand jobs per year from 2015 to 2025. Assuming this holds true, what will be the pipe fitting's percent change from 2015 to 2025
Answers: 2
) after a certain amount of years (t) is given by the following formula:
- Initial amount of jobs in pipe fitting industry, measured in thousands.
- Average yearly rate, measured in thousands per year. (A decline is indicated by a negative sign)
, 
and 
, then:
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The pipe fitting industry had 546.5 thousand jobs in 2015 and is expected to decline at an average r...
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