(Fish population) The population of a certain species of fish has a relative growth rate of 1.2% by year. The population in 2000 is estimated to be 12 million. (a) Find an exponential model n\left(t\right)=n_0e^{rt} for the population t years after 2000. (b) Estimate the fish population in 2005. (c) Draw a graph of the fish population.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
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Chapter5: Exponential And Logarithmic Functions
Section5.CR: Chapter Review
Problem 14E
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(Fish population) The population of a certain species of fish has a relative growth rate of 1.2%
by year. The population in 2000 is estimated to be 12 million.
(a) Find an exponential model n\left(t\right)=n_0e^{rt}
for the population t years after 2000.
(b) Estimate the fish population in 2005.
(c) Draw a graph of the fish population.

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