SOLUTION: Please help me with the following word problem: The rabbit population in a forest area grows at the rate of 8% monthly. If there are 200 rabbits in April, find how many rabbits(

Question 383486: Please help me with the following word problem:
The rabbit population in a forest area grows at the rate of 8% monthly. If there are 200 rabbits in April, find how many rabbits(rounded to the nearest whole number) should be expected by next April. Use y=200(2.7)^0.08t.
Thank you for you assistance in advance.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
The rabbit population in a forest area grows at the rate of 8% monthly.
If there are 200 rabbits in April, find how many rabbits(rounded to the nearest whole number) should be expected by next April.
Use y=200(2.7)^0.08t.
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Next April is 12 months after this April.
Solve 200(2.7)^(0.08*12) = 200*(2.7)^(0.96) = 200*2.5948 = 519 rabbits
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Cheers,
Stan H.

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