Answer:
r=4.5% daily
Explanation:
Exponential Growth
The natural growth of some magnitudes can be modeled by the equation:
Where P is the actual amount of the magnitude, Po is its initial amount, r is the growth rate and t is the time.
We know after t=32 days, the population has increased by 309%. Being the original population P the 100%, then the population reached 309+100= 409%.
Substitute the given values into the model function:
Simplifying:
We need to solve for r. Taking the 32nd root:
Simplifying:
Solving:
r=4.5% daily