Answer:
Rate
the proportion of growth is 0.03 or 3%
Co-efficient
The initial number of books is 1000
Exponent
The percentage multiplied by number of years is

base
This is continuous growth which is represented by

Explanation:
Given:
Initial number of books = 1000
Rate of growth = 3%
To find the exponential expression to model the number of books in the library after
years.
Solution:
The continuous exponential growth equation is given by:

where
final value
initial value
exponential

rate of growth
time
Given data:

Plugging in the given values in the formula:

So, we have
Rate
the proportion of growth is 0.03 or 3%
Co-efficient
The initial number of books is 1000
Exponent
The percentage multiplied by number of years is

base
This is continuous growth which is represented by
