A small town has an initial population of 1,000 people. The ...

Question Analysis
This question tests the student's ability to write an exponential function for population growth. The key is to identify the growth factor and the time period.

Key Concept Explanation
The general form of an exponential function is (), where is the initial quantity, is the growth/decay factor, and is the time (or number of changes).

Step-by-step Solution
1. Identify the initial population: