Given:
A population numbers 15,000 organisms initially and grows by 19.7 % each year.
Let P represents the population.
Let t be the number of years of growth.
An exponential model for the population can be written in the form of
![P=a \cdot b^t](https://img.qammunity.org/2021/formulas/mathematics/high-school/3f6imadme67xwt3vldnjqxawfx9zmatliu.png)
We need to determine the exponential model for the population.
Exponential model:
An exponential model for the population is given by
![P=a \cdot b^t](https://img.qammunity.org/2021/formulas/mathematics/high-school/3f6imadme67xwt3vldnjqxawfx9zmatliu.png)
where a is the initial value and
and b is the rate of change.
From the given, the value of a is given by
![a=15,000](https://img.qammunity.org/2021/formulas/mathematics/high-school/trq1wxo5t906ymmwm8rec41kq2q7i49mi8.png)
Also, the value of b is given by
![b=(19.7)/(100)=0.197](https://img.qammunity.org/2021/formulas/mathematics/high-school/jjypm040av18ryg5fmn0ojmrojhibeq2ty.png)
Thus, substituting the values of a and b in the exponential model, we get;
![P=15,000 \cdot (0.197)^t](https://img.qammunity.org/2021/formulas/mathematics/high-school/jas8e4rolx6mxnizx4kqq684pm0ftr9o4i.png)
Thus, the exponential model for the given population is
![P=15,000 \cdot (0.197)^t](https://img.qammunity.org/2021/formulas/mathematics/high-school/jas8e4rolx6mxnizx4kqq684pm0ftr9o4i.png)