How could this function be rewritten to identify the weekly growth rate of the population?
[tex]P(t)=120(1.016)^t[/tex]
If t is the time in years, we have to divide that value by 52 (weeks in the year), then:
[tex]P(t)=120(1.016)^{\frac{t}{52}}[/tex]
What is the weekly growth rate?
The weekly growth rate is:
[tex](1.016)^{\frac{1}{52}}=1.0003053[/tex]
