We will use the growth rate formula shown below:
Where
F is the future amount
P is the initial amount
r is the rate of growth
n is the number of years
Given,
P = 300
F = 500 [after 4 years]
n = 4
We will have to find r. Substituting, we get:
The growth rate is r = 0.14 [rounded]
In percent, it is:
0.14 * 100 = 14%
Hourly Growth Rate of Bacteria = 14%