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?

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.

Answered by krj275106 | 2024-06-10

Answer: About 49.9 million are expected to own dogs in 10 years. ;

Answered by JeanaShupp | 2024-06-12

Using the exponential growth formula, about 49.9 million households are estimated to own dogs in 10 years, given the current ownership of 43 million and a growth rate of 1.5%.
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Answered by JeanaShupp | 2024-12-26