Solve
-The Size of the Beaver Population at a National $4.2 \%$

question 264

Multiple Choice

Solve.
-The size of the beaver population at a national park increases at the rate of $4.2 \%$ per year. If the size of the current population is 101 , find how many beavers there should be in 6 years. Use $y = y _ { 0 } e ^ { 0.042 t }$ and round to the nearest whole number.

• A) 128 beavers
• B) 134 beavers
• C) 130 beavers
• D) 132 beavers

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Definitions:

Cash Generated

The amount of money produced by a company's normal business operations after accounting for operational expenses and working capital.

Additional Funds Needed

Estimated funds required beyond what is currently available to the business to finance projected growth.

Payout Ratio

A financial metric used to measure the percentage of earnings paid to shareholders in dividends, indicating how much money a company is returning to shareholders versus reinvesting.

AFN Equation

Additional Funds Needed equation, a financial formula used to estimate the additional amount of funding a firm would require to support its increased level of sales.