You manage a salmon hatchery. Your scientific consultant has…

You manage a salmon hatchery. Your scientific consultant has just provided you with data on your stock’s rate of growth. She reported that the growth rate is λ = 1.1. You currently have 1,000 salmon. As part of a 10-year loan agreement with your local credit union, you must project how many salmon you will have in 10 years (the end of your loan agreement). They have told you that you need at least 10,000 salmon after 10 years to qualify. Based on these data, will your hatchery satisfy their requirements?  Hint: Nt = N0λt