it is known that the population of a town increases at the rate of 5% every year on the average .what would be the population of rampurin the year 2020 if its population was 200000 in 2010
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Answer:325778
Step-by-step explanation:
Here formula of compound interest can be used
Principal 200000
Rate 5%
Time(n) 2020-2010= 10 years
A =P [(1)+ (R/100)]^n
= 200000 [ 1+ (5/100) ^10
= 200000 (1.05)^10
=200000×1.62889
= 325778
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