There are 32 insects in the population after 8 weeks
The given parameters are:
Let the number of weeks be x.
So, the future amount is
Future Amount = a * (1 + r)^x
This gives
Future Amount = 16 * (1 + 0.09)^x
At the 8th week, we have:
Future Amount = 16 * (1 + 0.09)^8
Evaluate
Future Amount = 32
Hence, there are 32 insects in the population after 8 weeks
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