Question 166778
A population grows from 11000 to 15000 in five years. Assuming the growth is exponential, find the: 
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Exponential Form: y = ab^x
15000 = 11000b^5
b^5 = 15/11
b = 1.064
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EQUATION: y = 11000*1.064^t
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(a) Annual growth rate: 0.064 or 6.4%   
(b) Continuous growth rate: not sure what you mean by this.
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Cheers,
Stan H.