Question

A population increases by 4% each year. What is the annual growthfactor?

Answer 1

Step-by-step explanation: A annual growth factor represents how quickly a value increases during an entire year. It is represented in the percentage unit % and there are some formulas to calculate the values as the example below

`annual_{\text{ }}growth_{\text{ }}factor=\frac{change\text{ value}}{original\text{ value}}*100`

As we can see from the question the population increases by 4% each year. The 4% is representing exactly how quick the population is increasing in a year.

Final answer: So the annual growth factor is 4%.