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Read the following scenario and answer the question below.
Between 1907 and 1923, cattle grazing in the Kaibab National forest in Arizona was greatly reduced, deer hunting was eliminated, and predators were killed. Over 600 cougars, 11 wolves (most had already been killed in the 1800s) , and 3000 coyotes were trapped or shot. In response, the deer herd began to increase. By 1915, the deer were estimated at 25,000; by 1920 at 50,000; and by 1923 at approximately 100,000.
-Mule deer such as the Kaibab population can live 10 to 25 years. In 1920, an age structure diagram of the Kaibab deer population that places the number of young individuals at the base of a pyramid and the oldest age categories at the top, would look like a(n) .
Monthly Rate
A set interest or cost expressed as a monthly percentage or fee.
Loan Payment Schedule
A detailed plan listing individual payment amounts and dates throughout the term of a loan, showing both principal and interest components.
Amortized Loan
a loan in which the principal and interest are paid down over time through fixed monthly payments.
Effective Rate
The effective rate, often referred to as the effective annual rate, is the interest rate on a loan or financial product re-compounded on a yearly basis.
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