Question

Suppose that the population of deer in a state is 19,900 and is growing 3% each year. Predict the population after 10 years

Answer 1

Since it is a growing population, you have to use compound interest.
The formula is: Amount = Principle*(1 + Rate/100)^Years
Amount = 19900*(1+ 3/100)^10
= 19900*(1.03)^10
= 19900*1.34
= 26666

The population after 10 years is 26666. Hopefully this made sense and helped :)

Answer 2

About 26,744 deer.

Explanation:

P(10) = 19,900 (1.03)10 ≅ 26,744