Find the Exponential Function That Satisfies the Given Conditions $= 30,848$

question 131

Multiple Choice

Find the exponential function that satisfies the given conditions.
-Initial population $= 30,848$ , increasing at a rate of $3 \%$ per year

• A) \(\mathrm { P } ( \mathrm { t } ) = 3 \cdot 30,848 ^ { \mathrm { t } }\)
• B) \(\mathrm { P } ( \mathrm { t } ) = 30,848 \cdot 3 ^ { \mathrm { t } }\)
• C) \(\mathrm { P } ( \mathrm { t } ) = 30,848 \cdot 1.03 ^ { \mathrm { t } }\)
• D) \(\mathrm { P } ( \mathrm { t } ) = 30,848 \cdot 0.03 \mathrm { t }\)