Joseph C. answered 05/11/16
Joseph, Trilingual instructor, Paso Robles, CA
Essentially, this problem asks for the future value of a current number, except that the rate will be a negative number.
So, the formula becomes FV= Present x (1-r)t where r = rate, and t = time
Inserting the values, we get FV = 2000 x (1-.08)14
solving, we get ≅ 622 deer
Assuming only a decline, then the rate will be 0.08/3 per year = 0.0266 per year.
So, in 14 years, the population would be ≅ 1370 deer