HELP WITH PART C Lionfish are considered an invasive species, with an annual growth rate of 65%. A scientist estimates there are 7,000 lionfish in a certain bay after the first year.

Part C: If scientists remove 1,300 fish per year from the bay after the first year, what is the recursive equation for f (n)? Show all necessary math work.

So I know that the equation would be
Where f(n) is the number of years but I am confused on how to fill out the rest. Any help would be appreciated. Thank you.

i got 10.28 but that rounds up to 10.3

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step-by-step explanation:

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i know the way

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required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%