I believe you meant "at the rate of 4.3% per year." The general formula for exponential growth is:
P(t) = P0·(1+rate)t/p
- P(t) = population at year t
- P0 = starting population = 108
- rate = growth rate expressed as a decimal = 0.043
- t = years = 5
- p = period needed to grow at the expressed rate = 1 year
P(t) = P0·(1+rate)t/p
P(5) = 108·(1+0.043)5/1
P(5) = 108·(1.043)5
Use your calculator to get the answer. Round to the nearest whole number because we can't have part of a bear.