Math Problem Statement
A biologist studying a population of geckos for several years found that the population can be modeled as shown below, where P** is the population, and t** is the time in years.
P=230(1.04)t
What is the growth rate of this population?
Responses
4%
4 %
6%
6 %
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Exponential Growth
Algebra
Formulas
Exponential growth model: P = P0(1 + r)^t
Theorems
Exponential growth theorem
Suitable Grade Level
Grades 9-12
Related Recommendation
Exponential Growth Model: Population Growth Rate Problem
Calculating Doubling Time and Growth Rate Using Exponential Growth Model
Calculate the Growth Rate of a Population Using an Exponential Model
Exponential Growth Population Modeling of Species Using A(t) = 3500e^0.0166t
Exponential Growth Rate of Population Modeled by P(t) = 3575(1.036)^t