Answer: Average Growth Rate is 24.19%
Step-by-step explanation:
Given that;
Average rate of change = 9 flies/day
Average growth rate of change = ?
we can determine the average growth rate of change from the expression;
Average Annual Growth Rate = [((Present Value - Past Value)^1/N) - 1 ] × 100%]
Now our present value; 30th day = 9 × 30 = 270
past value; 05th day = 9 × 05 = 45
the value of N = 30 - 5 = 25
so we substitute
Average Annual Growth Rate = [((270 - 45)^1/25) - 1 ] × 100%]
= ([1.2419 - 1) × 100]
= 24.19%
Therefore Average Growth Rate is 24.19%
