Answer:
The function is [tex]f(x)=3460(1.35)^x[/tex] where 1.35 is the rate of growth.
Step-by-step explanation:
We know that the population was 3,460 last year and has been increasing by 1.35 times each year.
This is an example of an Exponential Growth:
Exponential growth happens when an initial population increases by the same percentage or factor over equal time increments or generations.
So we have a generally useful formula:
[tex]y(x)=a\cdot b^x[/tex]
where
a = Initial value
b = Rate of growth
We know the initial value a = 3,460 and b = 1.35. Therefore the function to model is [tex]f(x)=3460(1.35)^x[/tex] where 1.35 is the rate of growth.