Answer:
5.503%
Step-by-step explanation:
Assuming that the interest earned is of compounding nature(annual compounding):
#where t=time, A=Total earned, P=Principal.
#We substitute our known values in the equation to get:

Hence the annual rate of interest is 5.503%
Answer:
The sequence modeling the rabbit population is geometric.
Each term is 2 times the previous.
Step-by-step explanation:
A geometric system is represented by an = a1r-1 which is just like the equation shown in the question. The value for r is 2 and 2 is being multiplied by 3.