The equation of a continuous exponential growth model is:

Where A represents the population at time t, A_0 represents the population at time t=0 and k is the hourly growth rate parameter.
Substitute A=1426, A_0=1300, and t=2:

Solve for k:

Use a calculator to find the value of k:

As a percentage, the value of k is 4.625...%
Therefore, to the nearest hundredth, the hourly growth rate parameter is:
