Question

The following equation models the deer population during mating season starting April 1, 2016, where m is time in months.

Answer 1

The function N =1053(1.23)^m or 1053(1.23)^m = N is an illustration of an exponential function

The deer on April 1, 2016

The function is given as:

N =1053(1.23)^m

On April 1, 2016; the value of m is:

m = 0

So, we have:

N =1053(1.23)^0

N = 1053

Hence, there are 1053 deers on April 1, 2016

The deer on May 1, 2016

The function is given as:

N =1053(1.23)^m

On April 1, 2016; the value of m is:

m = 1

So, we have:

N =1053(1.23)^1

N =1295

Hence, there are 1295 deers on May 1, 2016

The monthly growth rate

An exponential growth function is represented as:

y = a(1 + r)^x

Where r represents the growth rate

By comparison; the monthly growth rate (r) is calculated as:

1 + r = 1.23

Subtract 1 from both sides

r = 0.23

Express as percentage

r = 23%

Hence, the monthly growth rate is 23%

The yearly growth rate

We have the monthly growth rate to be 23%

There are 12 months in a year.

So, the yearly growth rate is:

y = 23%^12

Evaluate

y = 0.00022%

Hence, the yearly growth rate is 0.00022%

The weekly growth rate

We have the monthly growth rate to be 23%

There are 4 weeks in a months

So, the weekly growth rate is:

m = 23%^(1/4)

Evaluate

m = 69%

Hence, the weekly growth rate is 69%

Read more about exponential functions at:

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