Question

I would like to make sure my answer is correct ASAP please

Answer 1

step1: Write out the formula for exponential growth

`y=a(1+r)^n`
`\begin{gathered} a=\text{initial population} \\ r=\text{rate} \\ n=\text{years} \end{gathered}`

Hence we have

`a=800,r=3\text{ \%, n=x}`

Step2: substitute into the formula in step 1

`\begin{gathered} y=800(1+(3)/(100))^x \\ y=800(1+0.03)^x \\ y=800(1.03)^x \end{gathered}`

Hence the right option is A