Question

What is the general formula for exponential growth of a population?

Answer 1

the b value (growth factor) has been replaced either by (1 + r) or by (1 - r). The growth "rate" (r) is determined as b = 1 + r. Example 1: The population of HomeTown is 2016 was estimated to be 35,000 people with an annual rate of increase of 2.4%.

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Answer 2

Answer:

Exponential growth :

Exponential growth is a pattern of data that shows greater increases with passing time, creating the curve of an exponential function.

Formula for Exponential growth :

$f(x) = a {(1 + r)}^{x}$

$f(x) =$exponential growth function

$a =$initial amount

$r =$growth rate

$x =$number of time intervals

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