The population of bats in a large cave is 7000 and is growing exponentially at 14% per year. Write a function to represent the population of bats after tt years, where the monthly rate of change can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage rate of change per month, to the nearest hundredth of a percent.

Rewrite Exponential for Equivalent Rate