Answer:
The growth rate is 35%
Step-by-step explanation:
We are given that the amount of people in a population can be determined by using the model :
[tex]y=1000(1.35)^x[/tex]
Formula of exponential growth : [tex]y=a(1+r)^t ----1[/tex]
Where y is the population in t years
a = Initial population
r = growth rate
The given equation can be written as [tex]y=1000(1+0.35)^x[/tex]
Om comparing it with 1
r = 0.35
So, Growth rate = 35%
Hence The growth rate is 35%
