SOLUTION: A town with a current population of 615,600, has a growth rate of 1.3%. Find the multipler for the rate of exponential growth.
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Question 39385: A town with a current population of 615,600, has a growth rate of 1.3%. Find the multipler for the rate of exponential growth.
Answer by fractalier(6550) (Show Source): You can put this solution on YOUR website!
Well, if a population grows at a rate of 1.3%, you would multiply the current population by a factor of (1 + .013) to get the next year's population.
So the multiplier would be 1.013.
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