Question

The function for finding the population growth of people in a certain region is f(t) = 1000(2.2)t.

What is the rate of increase?

Answer 1

For this case we have a function of the form:

`y = A * (b) ^ t`
Where,
A: initial amount
b: growth rate
t: time
In this problem we have the following function:

`f (t) = 1000 (2.2) ^ t`
In this case, the growth rate is given by:

`b = 2.2`
Answer:
the rate of increase is:
b = 2.2