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The population of a village 2 years ago was 5,000. If the annual growth in population during 2 successive years was at thr rate of 5% and 7% respectively, find the present population of the village.
PLZZ GIVE ME THE SOLUTION OF THIS WITH STEP BY STEP EXPLAINATION AND ANSWER HAVE TO BE 5,618 (approx).
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Step-by-step explanation:
initially the population was 5000
1st year growth rate is 5 %
hence population after 1 year =
5000 + (5000*0.05) = 5250
2nd year growth rate is 7 %
hence population after 2nd year =
5250 + (5250*0.07) = 5617.5
approximately 5618 as per your answer
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