SOLUTION: A population increased to P0e4 in the first four years. What is the growth rate of this population? [Hint: P(t) = P0ekt]

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Question 37582: A population increased to P0e4 in the first four years. What is the growth rate of this population? [Hint: P(t) = P0ekt]
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
From P(t) = P(0)e^kt, we have
P(4) = P(0)e^4k = P(0)e^4
Thus k must be 1.