2. The fox population in a certain region has a continuous growth rate of 9% per year. In the year 2012, there were 23,900 fox counted in the area. What is the fox population predicted to be in the year 2020

Respuesta :

Answer:

Step-by-step explanation:

We can find the final population of foxes in 2020 using the compound interest formula

[tex]A=P(1+r/n)^nt[/tex]

A=final population

P=initial population=23,900

r= rate of interest=0.09

n=number of times interest applied per time period=1

t=number of time periods elapsed=8years

upon equating all these values we get

[tex]A= 23900(1+0.09/1)^1*8\\[/tex] = [tex]47,800[/tex](approx.)