Most railroad cars are owned by individual railroad companies. When a car leaves its home railroad's trackage, it becomes part of a national pool of cars and can be used by other railroads. The rules governing the use of these pooled cars are designed to eventually return the car to the home trackage. A particular railroad found that each month 59% of its boxcars on the home trackage left to join the national pool and 5% of its boxcars in the national pool were returned to the home trackage. If these percentages remain valid for a long period of time, what percentage of its boxcars can this railroad expect to have on its home trackage in the long run? % (Round to the nearest tenth if necessary.)
Most railroad cars are owned by individual railroad companies. When a car leaves its home railroad's trackage, it becomes part of a national pool of cars and can be used by other railroads. The rules governing the use of these pooled cars are designed to eventually return the car to the home trackage. A particular railroad found that each month 59% of its boxcars on the home trackage left to join the national pool and 5% of its boxcars in the national pool were returned to the home trackage. If these percentages remain valid for a long period of time, what percentage of its boxcars can this railroad expect to have on its home trackage in the long run? % (Round to the nearest tenth if necessary.)
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.EA: Extended Application Using Extrapolation To Predict Life Expectancy
Problem 7EA
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Transcribed Image Text:Most railroad cars are owned by individual railroad companies. When a car leaves its home railroad's trackage, it becomes part of a national pool of cars and can be used by other railroads. The rules governing the use of these pooled cars are designed to eventually return the
car to the home trackage. A particular railroad found that each month 59% of its boxcars on the home trackage left to join the national pool and 5% of its boxcars in the national pool were returned to the home trackage. If these percentages remain valid for a long period of time
what percentage of its boxcars can this railroad expect to have on its home trackage in the long run?
% (Round to the nearest tenth if necessary.)
C
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