A fishery manager knows that her fish population naturally increases at a rate of 1.5% per month.
Question:
A fishery manager knows that her fish population naturally increases at a rate of 1.5% per month. At the end of each month, 120 fish are harvested. Let Fn be the fish population after the nth month, where F0 = 4000 fish. Assume that this process continues indefinitely. Use infinite series to find the long-term (steady-state) population of the fish.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
Fn 1015Fn1120 1015 1015Fn2120 120 1015 ...View the full answer
Answered By
Akshay Agarwal
I am a Post-Graduate with a specialization in Finance. I have been working in the Consulting industry for the past 8 years with a focus on the Corporate and Investment Banking domain. Additionally, I have been involved in supporting student across the globe in their academic assignments and always strive to provide high quality support in a timely manner. My notable achievements in the academic field includes serving more than 10,000 clients across geographies on various courses including Accountancy, Finance, Management among other subjects. I always strive to serve my clients in the best possible way ensuring high quality and well explained solutions, which ensures high grades for the students along-with ensuring complete understanding of the subject matter for them. Further, I also believe in making myself available to the students for any follow-ups and ensures complete support and cooperation throughout the project cycle. My passion in the academic field coupled with my educational qualification and industry experience has proved to be instrumental in my success and has helped me stand out of the rest. Looking forward to have a fruitful experience and a cordial working relationship.
5.00+
179+ Reviews
294+ Question Solved
Related Book For
Calculus Early Transcendentals
ISBN: 978-0321947345
2nd edition
Authors: William L. Briggs, Lyle Cochran, Bernard Gillett
Question Posted:
Students also viewed these Mathematics questions
-
A manufacturer of integrated circuits is planning production for the next four months. The forecast demand for the circuits is shown in the following table. At the beginning of September, the...
-
Refer to Problem 55. The card holder may pay any amount between the minimum due and the total owed. The organization issuing the card charges the card holder interest of 1.5% per month for the first...
-
At an outpatient mental health clinic, appointment cancellations occur at a mean rate of 1.5 per day on a typical Wednesday. Let X be the number of cancellations on a particular Wednesday. (a)...
-
Consider sending a large file from a host to another over a TCP connection that has no loss. a. Suppose TCP uses AIMD for its congestion control without slow start. Assuming cwnd increases by I MSS...
-
Internet packets can be classified as video (V) or as generic data (D). Based on a lot of observations taken by the Internet service provider, we have the following probability model: P[V] = 0.8,...
-
Vitamix reports the following information for its year ended December 31: cash sales of $60,000; sales on credit of $90,000; general and administrative expenses of $17,000; sales returns of $11,000;...
-
Refer to the statements for Google in Appendix A. For the year ended December 31, 2015, what was its debt-to-equity ratio? What does this ratio tell us? Data From Statement Google In Appendix A...
-
On May 31, 2014, Terrell Company had a cash balance per books of $6,781.50. The bank statement from Home Town State Bank on that date showed a balance of $6,804.60. A comparison of the statement with...
-
Sid needs 0.8 meters of canvas material to make a carry-all bag for his wheelchair. If canvas is $11.64 per meter, how much will Sid spend? (Note that $11.64 per meter is the same as $11.64 for one...
-
Observe the interactions between parents and children in the cereal section of a local grocery store. Prepare a report on the number of children who expressed preferences, how they expressed their...
-
Suppose you borrow $20,000 for a new car at a monthly interest rate of 0.75%. If you make payments of $600/month, after how many months will the loan balance be zero? Estimate the answer by graphing...
-
Suppose that you take 200 mg of an antibiotic every 6 hr. The half-life of the drug is 6 hr (the time it takes for half of the drug to be eliminated from your blood). Use infinite series to find the...
-
Outside consultants are paid $200 in cash, and registration fees to issue PR's new stock are $400. Total acquisition cost reported by PR (the debit to Investment on PR's books) is a. $50,000 b....
-
In a Forbes magazine article called Worst Words to Say at Work, business consultant and psychotherapist Linda Durre listed nine words or phrases that show someone is not confident.9 These phrases,...
-
Choose a business report to evaluate. Answer the following questions related to it: A. How effectively does the report tell a story? B. How effectively are headings used? C. How effectively are...
-
Think about a recent presentation you attended that you found effective. In three to five paragraphs, describe why it was effective. Include the following aspects in your analysis, referring to...
-
Watch a YouTube video (or some other type of multimedia example) that shows a realistic mock interview. Put yourself in the place of the interviewee and use the KE YS process to analyze his or her...
-
Many times in the workplace, you will create a written report and provide an oral presentation as well. Select a written report and develop a set of electronic slides that could be used to present...
-
In what ways can trade unions constrain the strategic choices of multinationals?
-
The first national bank pays a 4% interest rate compound continuously. The effective annual rate paid by the bank is __________. a. 4.16% b. 4.20% c. 4.08% d. 4.12%
-
The monthly exchange rate of U.S. dollars to one Australian dollar was recorded from 1971 to 2016. Draw a graph that shows how the exchange rate has varied over the past 41 years.
-
During 2002 in the state of Florida, a total of 365,474 drivers were involved in car accidents. The accompanying table breaks down this number by the age group of the driver and whether the driver...
-
To determine premiums for automobile insurance, companies must have an understanding of the variables that affect whether a driver will have an accident. The age of the driver may top the list of...
-
-> Let G and H be groups. A function : G H is called a (group) homomorphism if it satisfies (9192) = (91) * (92) for all 91, 92 G. (Note that the product 91*92 uses the group law in the group G,...
-
Complete the table for the point (2, 2). f(x) (2, 2) f(2x) 6f(2x) 6f(2(x+1))- -3
-
I hired a carpenter and an apprentice to do some work at my business. They worked two days. On the first day I was billed $210 for 11 hours of work by the main carpenter and for 7 hours of work by...
Study smarter with the SolutionInn App