The expression 400(1.12)^y is an exponential function
The true statement is that the growth rate of the fish in the lake is 12%
The expression is given as:
400(1.12)^y
The above expression is an exponential growth function,
Where:
Next, we calculate the growth rate (r) as follows:
r = 1.12 - 1
r = 0,12
Express as percentage
r = 12%
Hence, the true statement is that the growth rate of the fish in the lake is 12%
Read more about exponential functions at:
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