Identify intial & rate in Exponential.

Question

A study is done on the number of bacteria cells in a petri dish. Suppose that the population size P(t) after t hours is given by the following exponential function. P(t)=1700(1.06)^t

Answer 1

Initial value is at t=0

1.06^0 =1 so initial value is 1700

growth rate is .06 or 6%