The current value V of an initial starting point subject to exponential growth can be determined by multiplying the starting value S by the sum of one plus the rate of interest R raised to. If a population of rabbits doubles every month we would have 2 then 4 then 8 16 32 64 128 256 etc. Final value Initial value e Annual growth rate No.
Heres an exponential growth function.
The exponential growth function is y ft abt where a 2000 because the initial population is 2000 squirrels The annual growth rate is 3 per year stated in the problem. If a population of rabbits doubles every month we would have 2 then 4 then 8 16 32 64 128 256 etc. Exponential growth can be amazing. In this function a represents the starting value such as the starting population or the starting.