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The estimated population, if the rate is a growth rate is 34696 populations
The estimated population, if the rate is a decline rate is 5657 populations
<h3> Exponential functions</h3>The standard exponential equation is expressed as
where;
- a is the intercept
- b is the growth rate
- x is the time taken
If the initial population is 15,000 with a rate of 15%, then;
a) If the rate is a growth rate, the estimated population will be expressed as;
The estimated population, if the rate is a decline rate is 34696 populations
b) If the rate is a decline rate, the estimated population will be expressed as;
The estimated population, if the rate is a decline rate is 5657 populations
Learn more on exponential function here: brainly.com/question/12940982