The population of a certain town doubles every decade if the population of the town in 2016 was 52000 what was the population of the town in 1986❓❓❓❓
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Let the population of town in1986 be P
Between 2016 and 1986 there are 3 decades
we will apply compound interest formula
P(2016)=P(1986)(1+100/100)^3 {100/100 since it is doubling that is 100% increase rate}
52000= P(1986)×8
P(1986) =52000/8=6500
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