the population of a city 20000 it increases at the rate of 5%per annum find the population after 3 years
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let year =n(3)
rate =r(5%)
now
20000(1+r/100)^n
20000(1+5/100)^3
20000(1+1/20)^3
20000(21/20)^3
20000(9261/8000)
5*9261/2
5*4630.5
23152.5
or 23153(approx)
john386324:
wrong answer the answer 23153
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