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Exponential functions

Exponential functions-example-1

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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

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

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

Also, the value of b is given by


b=(19.7)/(100)=0.197

Thus, substituting the values of a and b in the exponential model, we get;


P=15,000 \cdot (0.197)^t

Thus, the exponential model for the given population is
P=15,000 \cdot (0.197)^t

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