Answered

Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Get detailed and precise answers to your questions from a dedicated community of experts on our Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

The population of rabbits on an island is growing exponentially. In the year 1998, the population of rabbits was 9400, and by 2006 the population had grown to 32000. Predict the population of rabbits in the year 2011, to the nearest whole number.

Sagot :

Parrain

Answer: 68,819 rabbits

Step-by-step explanation:

First find the annual rate of growth that took the number of rabbits from 9,400 in 1998 to 32,000 in 2006.

Use the future value formula:

Number of years = 2006 - 1998 = 8 years

Future value formula:

Future value = Current value * ( 1 + rate) ^ number of years

Assume 2006 is the future and 1998 is present.

32,000 = 9,400 * (1 + r) ⁸

32,000 / 9,400 = (1 + r)⁸

(1 + r)⁸ = 3.404255319

1 + r = ⁸√3.404255319

r = ⁸√3.404255319 - 1

r = 16.55%

Use that rate to find the number of rabbits in 2011:

= Current value * (1 + rate) ^ number of years

Number of years = 2011 - 2006 = 5 years

= 32,000 * ( 1 + 16.55%)⁵

= 68,819 rabbits

Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.