According to the World Bank (Source: http://data.worldbank.org/indicator/ IT.CEL.SETS/countries/1W?display=graph), the total numbers of mobile phone sub- scriptions in 2008 and 2012 are 4,028,070,041 and 6,264,810,140, respectively. Find the average rate of growth (number of subscriptions per year).

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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According to the World Bank (Source: http://data.worldbank.org/indicator/
IT.CEL. SETS/countries/1W?display=graph), the total numbers of mobile phone sub-
scriptions in 2008 and 2012 are 4,028,070,041 and 6,264,810,140, respectively. Find the
average rate of growth (number of subscriptions per year).
Transcribed Image Text:According to the World Bank (Source: http://data.worldbank.org/indicator/ IT.CEL. SETS/countries/1W?display=graph), the total numbers of mobile phone sub- scriptions in 2008 and 2012 are 4,028,070,041 and 6,264,810,140, respectively. Find the average rate of growth (number of subscriptions per year).
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