Question

9. The population of a certain animal species increases at a rate of 6.5% per year. There are currently

counted 120 of the animals in the habitat you are studying
Which function will model the expected change in the animal population from this point forward?

Answer 1

FV= PV*(1 + g)^n

Explanation:

Giving the following information:

Present Value (PV)= 120

Growth rate (g)= 6.5% per year

To calculate the future value of the population in any given year "n", we need to use the following formula:

FV= PV*(1 + g)^n

For example, in 10 years:

FV= 120*(1.065^10)

FV= 225