If estimates of an extinction rate of 1% per year are correct, what percentage of all species will be extinct by the end of this century?

Name: If estimates of an extinction rate of 1% per year are correct, what percentage of all species will be extinct by the end of this century?
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Question

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If the extinction rate is 1% per year, over 100 years, approximately 100% of the species would be affected. However, due to compounding effects, the actual percentage is closer to 50% by the end of the century.

If Estimates of an Extinction Rate of 1% Per Year