Example 16: The present population of a town is 28.000 If the population increases
the rate of 5% per annum in the first year and 7% per annum in the second year, find the
population after two years,
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Answer:
Increase in the first year will be (28000X5)/100=1400
so total population after 1 year will be 29400
increase in the second year will bee (29400X5)/100=1470
total population after 2 years will be = 29400+1470=30,870
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