rabbit populations can increase by 45% every 10 days. if there are 12 rabbits on a farm, how many rabbits…
rabbit populations can increase by 45% every 10 days. if there are 12 rabbits on a farm, how many rabbits will there be on the farm after 90 days? future amount = ?(1 + )^ future amount = i(1 + r)^t enter the number that belongs in the green box.
Answer
Explanation:
Step1: Identify the initial amount
The initial number of rabbits $I$ is 12. This is the starting - point value in the compound - growth formula $Future\ Amount = I(1 + r)^t$.
Step2: Identify the growth rate
The growth rate $r$ is 45% or 0.45.
Step3: Identify the number of time - periods
The time interval is 10 days and the total time is 90 days. So the number of 10 - day time - periods $t=\frac{90}{10}=9$. The formula for future amount is $Future\ Amount = I(1 + r)^t$, and the number in the green box represents the initial amount $I$.
Answer:
12