Answer:
The number of bacteria increases at a rate of 12% each
day.
Explanation:
-This is an exponential growth/decay function of the form:

Where
- b is the growth factor
- r is the growth rate
- y is the size at time x
- x is time
- a is the initial size
-Given that b>1, this is a growth function and the population increases by 12% for each unit time elapsed.
-Hence, the correct statement is the number of bacteria increases at a rate of 12% each day.