There were 2.07 times as much people that applied in the fourth month than in the first month.
<h3>What is an exponential function?</h3>An exponential function is one that grows or decreases in an exponential manner. Thus, for any exponential function we can write; f(x) = ax^±n. The term a is the initial value x is the rate of change while n is the time elapsed. The positive sign is used for an exponential increase while the negative sign is used for an exponential decrease.
Thus we have;
f(x) = 27(1.2)^4
This shows us that the time elapsed is four months and f(x) = 2.07.
Therefore, there were 2.07 times as much people that applied in the fourth month than in the first month.
Learn more about exponential function:brainly.com/question/11487261?
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