The number of women graduating from 4-yr colleges in a particular country grew from 1930, when 48,833 women earned a bachelor's degree, to 2004, when approximately 870,000 women received such a degree. Find an exponential function that fits the data, and the exponential growth rate.

The exponential growth rate is r = 0.0389

Step-by-step explanation:

An exponential function for the number of women graduating from 4-yr colleges in t years after 1930 can be given by the following equation:

In which A(0) is the initial amount, and r is the exponential growth rate, as a decimal.

1930, when 48,833 women earned a bachelor's degree

This means that

2004, when approximately 870,000

2004 is 74 years after 1930, which means that

Applying to the equation:

So

step-by-step explanation:

you first to choose the points and then move from then as the slope you have