Answer:
FV= 200*(1.07^n)
Explanation:
Current population= 200 deer
Growth rate= 7% per year
To calculate the future value of deer in any given years, we need to use the following formula:
FV= PV*(1+g)^n
FV= future value
PV= present value
g= growth rate
n= number of years
FV= 200*(1.07^n)
For example, the population in 5 years:
FV= 200*(1.07^5)
FV= 281