Fish Farming A fish farmer has 5000 catfish in his pond.The number of catfish increases

Chapter 12, Problem 81

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Fish Farming A fish farmer has 5000 catfish in his pond.The number of catfish increases by 8% per month, and thefarmer harvests 300 catfish per month.(a) Show that the catfish population Pn after n months isgiven recursively by P0 5000 andPn 1.08Pn1 300(b) How many fish are in the pond after 12 months?

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