Rate is directly proportional word problem

The video tutorial focuses on solving a word problem involving exponential growth. It begins by identifying key information, such as initial and final values, and explains the concept of rate of proportionality. The tutorial then demonstrates how to solve for the constant K in the exponential growth equation. Finally, it calculates the growth rate when the population reaches 3000, using the previously determined value of K.

Explain the process of solving for K in the equation provided in the text.

How do we calculate the rate of population increase when the population reaches a specific value?