The formular for an exponential population growth is given by
[tex]P(t) = P_0(1 + r)^t[/tex]
where: r is the rate per period, t is the time and [tex]P_0[/tex] is the initial population.
Comparing the above formular with the given formula we have
[tex]s(1.35)^t=s(1+0.35)^t \\ \\ r=0.35\ or\ 35%[/tex]
Therefore, the equivalent quarterly growth rate of the geckos is 8.75%.
