Math Problem Statement
Suppose a fish population is currently 4000 and 5 years later the population is 10000. Use the explicit exponential model Pn=Po(1+r)^n, to find the rate of growth.
Express the rate of growth as a percentage to the nearest tenth.
Solution
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Math Problem Analysis
Mathematical Concepts
Exponential Growth
Algebra
Population Modeling
Formulas
Exponential Growth Formula Pn = Po(1 + r)^n
Theorems
Exponential Growth Theorem
Suitable Grade Level
Grades 9-12
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