Advanced MathEasy–MediumGrowth rate from an exponential model
Advanced Math practice question
The size of an ant colony x months from now is modelled by f(x) = 250(1.5)ˣ. By what percent does the colony grow each month, according to the model?
Answer: 50
In f(x) = 250(1.5)ˣ, the base 1.5 is the growth factor per month: each month the colony is multiplied by 1.5, that is, it grows by 1.5 − 1 = 0.5, or 50%.
Common wrong answers
- If you answered 150
- 150% is the size relative to the previous month (1.5 = 150%), not the GROWTH. Growth is the part above 100%: 50%.
- If you answered 250
- 250 is the colony's current size (when x = 0), not a rate.
- If you answered 1.5
- 1.5 is the growth factor, not a percent. Subtract 1 and convert: 0.5 = 50%.
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