Question

The population of ants in the colony can be represented by the function

f(t) = 1400(1.07), where t is the number of months the colony has been
measured.
What is the growth rate??

Answer 1

The growth rate is 1.07%

Explanation:

y=ab(to the power of x)

b is the growth/decay rate

b is 1.07% here

Answer 2

7%

Explanation:

The population of ants in the colony can be represented by the function f(t) = 1400(1.07)

Function = 1400( 1 + 7%)

= 1400(1 + 0.07)

= 1400(1.07)

Growth rate = 7%