Answer:
The exponential function is Y = 200 [1.07]ˣ
Explanation:
Let Y represent the expected population
Let P represent the current population
Let r represent the population growth rate
let x represent the number of years or nth year.
The compound interest expression can used to derive the exponential function can be represented as follows
Y = P [1 + (r ÷ 100)]ˣ
Y = 200 [ 1 + (7 ÷ 100)]ˣ
Y = 200 [ 1 + (0.07)]ˣ
Y = 200 [1.07]ˣ