Modeling Exponential Population Growth
The population of rare stick insects at a zoo grows by 2 percent each year. If P represents the initial population size and n represents the number of years since the initial inventory, which of the following expressions represents the predicted population of the insects n years later?
A
(1.2)n * P
B
(1.02)^n * P
C
Pn + P
D
1 + 2n * P