Answer:
Step-by-step explanation:
Given is an exponential growth function as
This means population is expanding continuously at 5% per annum
Standard form of growth function is
where P0 is the initial population and r = continuous growth rate
Comparing we get
a) The continuous percent growth rate is_____5________%
b)
where P0 = initial population = 120 and
growth rate = 5%
Annual growth rate can be found out using derivatives
This means annual growth is 20% of the population at that time.
.The annual percent growth rate is_____20_________% of population at that time.