Let the function P represent the population P(d), in thousands, of a colony of insects d days after first being measured. A model for P is P(d)=10⋅(1.08)d. Select all the statements that are true about this situation. There were 1,080 insects when the colony was first counted.
One week after the colony was first counted, there were 10,800 insects.
The growth factor per day is 1.08.
The growth factor per week is 1.08⋅7.
The growth factor per hour is 1.08124.