A little more than 43 million households own dogs in the US. The rate of increase in dog ownership is 1.5% each year. Approximately how many households are expected to own dogs in 10 years, if this trend continues?

Question

Mathematics

Darryl Strickland

20 November, 06:08

A little more than 43 million households own dogs in the US. The rate of increase in dog ownership is 1.5% each year. Approximately how many households are expected to own dogs in 10 years, if this trend continues?

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Laney · Answer 1

43 million households own dogs.

What is 1.5% of that?

645,000.

You multiply this number by 10 for how many years it's being calculated.

This would be 6,450,000.

Add this number to 43 million (43,000,000) and you get 49,450,000.