Question

Suppose that the population of deer in a state is 1,500 and is growing 2% each year. Predict the population after 4 years.

Answer 1

In each year, the population grows 2% or 0.02; it means that, at each year, the population is multiplied by 1.02 (102%).
\[1500\times(1.02)^4 = 1623.64824\]

Answer 2

So, the population after 4 years should be approximately 1623 or 1624.