It has been estimated that service industries, which currently make up 27% of the nonfarm workforce in a certain country, will continue to grow at the rate of percent per decade t decades from now. Estimate the percentage of the nonfarm workforce in the service industries one decade from now. Round your answer to the nearest integer.
A) Show that the desired answer is P(1), where P is the solution of the initial value problem
B) Use Euler's method with n=10 to approximate the solution. P(1)= ________ %

Question

It has been estimated that service industries, which currently make up 27% of the nonfarm workforce in a certain country, will continue to grow at the rate of​  ​ percent per decade t decades from now. Estimate the percentage of the nonfarm workforce in the service industries one decade from now. Round your answer to the nearest integer.
A) Show that the desired answer is P(1), where P is the solution of the initial value problem 
B) Use Euler's method with n=10 to approximate the solution. P(1)= ________ %

Quizplus · Accepted Answer

The Answer is A) A) B) 50

B) 50

It Has Been Estimated That Service Industries, Which Currently Make