Question

The rabbit population in Scott County, which is currently at 2,900 rabbits, is increasing by

10% each year. How many rabbits will there be in 8 years?
If necessary, round your answer to the nearest whole number.

Answer 1

6216

Explanation:

This problem deals with exponential growth.

Final value: F

Present (initial) value: P

Rate of growth: r

Time in years = t

`F = P(1 + r)^t`

`F = 2900(1 + 0.1)^8`

`F = 6216`

Answer: 6216