The value of an item is expected to increase by 15% per year…

The value of an item is expected to increase by 15% per year over the next five years.  Is this the same as a 75% increase over that same five-year span? {#1} What percent increase is it? (If 75% then just enter 75) {#2}% (Round to the nearest tenth of a percent if necessary)

According to a recent report, the population in Morganton wa…

According to a recent report, the population in Morganton was 16,625 people in 2020, and a function for the future population is:\( P(t)=16625(1.006)^t \)  this gives the population t years after 2020. a. Determine if the population is growing or decaying. {#1} b. Identify the rate of growth/decay. {#2}% (Enter as a percentage not decimal) c. Use the function to estimate what the population of Morganton was in 2024. {#3} people d. Considering that the true population of Morganton in the year 2024 was 17,776, determine how far off your estimate in part C was from the actual value.{#4} people