Question 1067084
The population of the United States has been changing at an exponential rate since the year 2000. The function P(t)=282(1.35)^t, where P(t) is the population after t years, models the country's growth. 
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Determine the initial value, a, and the base, b. Then, determine whether this function represents exponential growth or exponential decay, and the rate of growth or decay.
Initial value = P(0) = a = 282
base = b = 1.35
Since b > 1, P(t) is a growth funcion.
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Cheers,
Stan H.
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