Chapter 8: Problem 81
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 \(F_{n}\) be the fish population after the \(n\) th month, where \(F_{0}=4000\) fish. Assume that this process continues indefinitely. Use infinite series to find the longterm (steady-state) population of the fish.
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.