The population of a small town is modeled by the exponential function P(t)=3575(1.036)t, where t is the number of years after July 1, 2020. What is the town's percent growth rate? Only the enter the number, as a percent.

The growth factor in the exponential model is 1.036, which corresponds to a 3.6% growth rate.

The answer is **3.6**. 

Would you like details on how this was calculated, or do you have any questions?

Here are 5 related questions you might find interesting:
1. How would the population change after 10 years according to this model?
2. What is the formula for the population after 5 years?
3. How does the exponential model compare to a linear growth model for population?
4. What would happen to the population growth if the rate was 5% instead of 3.6%?
5. Can the growth factor ever be less than 1? What would that imply?

**Tip:** Exponential growth models are useful for populations, investments, and anything that grows by a constant percentage over time!

The population of a small town is modeled by the exponential function P(t)=3575(1.036)^t, where t is the number of years after July 1, 2020. What is the town's percent growth rate? Only enter the number, as a percent.

This problem calculates the percent growth rate of a small town’s population using the exponential model P(t) = 3575(1.036)^t. It focuses on exponential growth concepts and is suitable for high school students in Grades 9-12.

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