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Calculate the growth rate of the vehicles

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Question: In 2010, there were about 246 million vehicles (cars and trucks) and about 308.7 million people in the US.33 The number of vehicles grew 15.5% over the previous decade, while the population has been growing at 9.7% per decade. If the growth rates remain constant, when will there be, on average, one vehicle per person?

Reference no: EM131595673

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