Question

A metropolitan utility company in a western city of the United States expects the consumption of electricity to increase by 2% per year during the next decade, due mainly to the expected population in.

Answer 1

The subject of this question is Mathematics. The question is asking about the expected increase in electricity consumption by a metropolitan utility company in a western city of the United States, due to population growth.

Step-by-step explanation:

The subject of this question is Mathematics. The question is asking about the expected increase in electricity consumption by a metropolitan utility company in a western city of the United States, due to population growth. The question also mentions an annual growth rate of 2% over the next decade.

The expected increase in electricity consumption can be calculated using the formula: New consumption = Old consumption * (1 + Growth rate)^Number of years. Here, the old consumption refers to the current consumption of electricity, and the growth rate is given as 2% per year. Plug in the values and calculate the new consumption.

For example, if the current electricity consumption is 1000 units, and we want to calculate the consumption after 10 years, the calculation would be: New consumption = 1000 * (1 + 0.02)^10.