Given the exponential function:
Where P models the population size after t hours. The initial population size can be obtained using t = 0:
The initial population size is 1800.
Now, since the term inside the parentheses is greater than 1, we can conclude that this function represents a growth tendency.
Finally, we can take the ratio between the population size at time t and at time t+1:
In percent form, the change is 3%