Question

A population of 550 rabbits is increasing by 2.5% each year. Write an exponential growth model to describe this situation

Answer 1

Total Population (P) = Initial Population (P₀) * (1 + rⁿ) ; where r is the rate of growth and n is the number of years

P = 550(1 + 0.025ⁿ)

P = 550 + 550(0.025)ⁿ