Question: 3. The function P() = 10, 300(1.012) represents a population, P(t), after t years. Which statement best describes the rate of change of the function?

3. The function P() = 10, 300(1.012) represents a population, P(t), after t years. Which statement best describes the rate of change of the function? a. The population increases by 7% each year b. The population increases by 1.2% each year. c. The population increases by 7% every 5 years. d. The population increases by 1.2% every 5 years
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