A population grows exponentially if enough food resources are available to the individual.
Exponential growth equation:
Nt= No ert
Where,
Nt= Population density after time t
Nt= Population density at time zero
r = Intrinsic rate of natural increase
e = Base of natural logarithms (2.71828)
From the above equation, we can calculate the intrinsic rate of increase (r) of a population.
Now, as per the question,
Present population density = x
Then,
Population density after two years = 2x
t = 3 years
Substituting these values in the formula, we get:
⇒ 2x = x e3r
⇒ 2 = e3r
Applying log on both sides:
⇒ log 2 = 3r log e
Hence, the intrinsic rate of increase for the above-illustrated population is 0.2311.