Question

Population of a town is 48,000 it is increasing at the rate of 5 percent every year, what will be population after 3 years​

Answer 1

Answer:

Where a is the initial value , r is the rate of interest in the decimal form and t is the time in years . The present population of a town is 48000. It is increasing at the rate of 5% every year for 3 years. Therefore the increase in population in next 3 years is 55566 .