Answer:
, where 1.25 is the rate of growth .
Explanation:
Given: Jessica has been tracking the population of a town.
The population was 8,230 last year and has been increasing by 1.25 times each year.
We know that the exponential growth function is given by :_
, where A is the initial amount and b is the multiplicative rate of change in x years.
If we consider the population last year as initial population, then we get the following function:-
, where 1.25 is the rate of growth .