Question

a town has 15625 inhabitants. If the population of this town increases at the rate of 4% per annum, find the number of inhabitants of the town at the end of 3 years.
Answer : 17576.
Just need to solve the question.​

Answer 1

Answer:

Your answer is right

Ans : 17576

Answer 2

Correct Answer : 17576

Step-by-step explanation:

Fisrt year 15625 increases with 4% i.e.., 15625*0.04=16250

Second year 16250 increases with another 4% i.e..,

16250*0.04 = 16900

third year 16900 increases with another 4%

16900*0.04 = 17576

We get incorrect ans if we go with 4%+ 4% +4% =12.% That will calulate only for first year that's wrong