WeBWorK using host: https://webwork-ptx.aimath.org, format: simple seed: 305

The volume of traffic on U.S. highways is growing by 2.7% per year. (Source: Time, Jan. 25, 1999)

Write a formula for the volume, $V\text{,}$ of traffic as a function of time, using $V_0$ for the current volume. [Note: Enter “V0” to get $V_0\text{.}$ ]
$V=$

How long will it take the volume of traffic to double? Hint: Find the value of $t$ that gives $V = 2V_0\text{.}$
Answer: about years