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Multiple choice📘 F.LE.A.5🧠 DOK 2
Question:
The population of a small town was 5,000 people in 2010 and grew to 6,500 people by 2015. Assuming the population growth follows an exponential model, what is the annual growth rate, expressed as a percentage, of the town's population?
Answer Choices:
- A) A) 5%
- B) B) 6%
- C) C) 7%
- D) D) 8%
✅ Answer:
A) 5%
💡 Explanation:
To find the annual growth rate of an exponential function, we use the formula for exponential growth: .
Here, is the initial population, is the population at time , is the growth rate, and is the time in years.
Substituting the values, we have .
Solving for , we get .
Taking the fifth root of both sides gives , so or 5.3%.
Rounding to the nearest percentage gives a growth rate of 5%.
Standard: F.LE.A.5 | DOK: 2