Question 6 the growth of a population each year is given by the function f(x)=250,000(1.17)* at what percent is the population growing each year? a. 250,000% b. 1.17% c. 292,500% d. 17%

Option D. 17%

Step-by-step explanation:

we have

This is a exponential function of the form

where

a is the initial value

b is the base

In this problem

a=250,000 people

b=1.17

Remember that

b=1+r

so

1+r=1.17

r=1.17-1=0.17

Convert to percentage

0.17*100=17%