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.