Question

Write the growth or decay factor for the situation. A rabbit population increases 2. 3% each year

Answer 1

The growth factor for the rabbit population can be calculated using the formula:

Growth factor = 1 + (percent increase as a decimal)

In this case, the rabbit population increases 2.3% each year, so the growth factor can be calculated as:

Growth factor = 1 + (0.023) = 1.023

Therefore, the growth factor for the rabbit population is 1.023, meaning that the population will increase by a factor of 1.023 each year.