Question

The fox population in a certain region has a continuous growth rate of 7 percent per year. It is estimated that the population in the year 2000 was 14300. (a) Find a function that models the population t years after 2000 (t=0 for 2000). Hint: Use an exponential function with base e. Your answer is P(t)

Answer 1

P(t) = 14300e^0.07t

Explanation:

Let :

Population as a function of years, t = P(t) ;

Growth rate, r = 7%

Estimated population on year 2000 = Initial population = 14300

The given scenario can be modeled using an exponential function as the change in population is based in a certain percentage increase per period.

P(t) = Initial population*e^rt

P(t) = 14300*e^(0.07t)

P(t) = 14300e^0.07t

Where, t = number of years after year 2000.