QUESTION IMAGE
Question
the rabbit population in butler county, which is currently at 6,004 rabbits, is increasing by 8% each year. how many rabbits will there be in 10 years? if necessary, round your answer to the nearest whole number. rabbits
Step1: Identify growth formula
The exponential growth formula is $P(t) = P_0(1+r)^t$, where $P_0=6004$, $r=0.08$, $t=10$.
Step2: Calculate growth factor
$1+r = 1+0.08 = 1.08$
Step3: Compute $(1.08)^{10}$
$(1.08)^{10} \approx 2.158925$
Step4: Multiply by initial population
$P(10) = 6004 \times 2.158925 \approx 12962.19$
Step5: Round to nearest whole number
Round $12962.19$ to 12962.
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12962 rabbits