How much traffic will be expected at the end of two years


Problem

Traffic at a certain intersection is 2000 cars per day. A consultant has told the city that traffic is expected to grow at a continuous rate of 5% per year for the next 4 years. How much traffic will be expected at the end of 2 years?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How much traffic will be expected at the end of two years
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