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The equation for an exponential growth function is y=a(1+r)^t, where t is time in years, r is the annual rate, and a is some constant.
Substitute 750 for y into the equation from Part A and solve for t.
About 6.7 %
About 8 years
Let's analyze the equation for exponential growth.
y=a(1+r)^t
The variable y is the grizzly bear population, and t is time in years. We set that t=0 corresponds to five years ago. The variable r represents the annual rate of growth. Since we know that for t=0 the population was 325, let's substitute t=0 and y=325 into the equation.
t= 0, y= 325
a^0=1
Identity Property of Multiplication
Rearrange equation
Now we can partially write our equation. y= a(1+r)^t ⇒ y= 325(1+r)^t Since today the population is 450, we can substitute 450 for y and 5 for t. Let's do it!
t= 5, y= 450
.LHS /325.=.RHS /325.
Use a calculator
sqrt(LHS)=sqrt(RHS)
LHS-1=RHS-1
Use a calculator
Rearrange equation
Therefore, the annual growth rate is about 0.067, or about 6.7 %. We can also write the full equation of the exponential function.
We are asked to find how many years it will take to reach the maximum population, which is equal to 750. Therefore, we will substitute 750 for y into the equation from Part A and solve it for t.
To solve the equation for t, we will use the definition of a logarithm.
Therefore, it will take about 13 years from five years ago. Hence, it will take about 8 years from now.