Answer:
12.5%
Explanation:
To know the percent of change from year to year, we will calculate the Weight for 2 consecutive years.
So, when t = 0, we get that W is equal to:
[tex]\begin{gathered} W_0=80(1.6)^{\text{ t/4}} \\ W_0=80(1.6)^{\text{ 0/4}} \\ W_0=80 \end{gathered}[/tex]Then, when t = 1, we get:
[tex]\begin{gathered} W_1=80(1.6)^{\text{ t/4}} \\ W_1=80(1.6)^{\text{ 1/4}} \\ W_1=89.97 \end{gathered}[/tex]Now, we can calculate the percentage of change as:
[tex]\frac{W_1-W_0}{W_0}\times100=\frac{89.97-80}{80}\times100=12.47\text{ \%}[/tex]Therefore, the best estimate is 12.5%