Some college friends have decided to go on a road trip over the summer with some friends. Finances are tight and they need to hi
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The true statements is the population was 4800 when the collection of data began. (3rd option)
<h3>What is an exponential function?</h3>An exponential equation can be described as an equation with exponents. The exponent is usually a variable.
The general form of exponential equation is f(x) =
Where:
- x = the variable
- e = constant
When a population grows at an exponential rate, it usually has compound rate of growth. Compound growth refers to the geometric progression of a variable.
The exponential equation used to represent an exponential growth usually have this form:
FV = PV (1 + r)^n
Where:
- FV = future population
- PV = present population
- r = rate of growth
- n = number of years
Given this exponential equation : f(x) = 4800 (1.02)^t
- 4800 = initial population or population when the data collection began
- 2 % = rate of growth
- t = number of years
To learn more about exponential functions, please check: brainly.com/question/26331578
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