Question

Find the annual percentage rate of change for the population of Oregon. In 2000, there were 4.8

million people, and in 2010, there were 8.7 million people.

Answer 1

The annual percentage rate of change for the population of Oregon is of 8.125%.

Explanation:

Total percentage change:

Change multiplied by 100 and divided by the initial value.

Change: 8.7 - 4.8 = 3.9 million

Initial value: 4.8

Percentage change: 3.9*100/4.8 = 81.25%

Annual percentage rate of change

81.25% during 10 years(from 2000 to 2010).

So, per year

81.25%/10 = 8.125%

The annual percentage rate of change for the population of Oregon is of 8.125%.