Question

The population of a district in the year 2007 was 625000. If it increased at the rate of 8% per annum, then what will be the population of the district at the end of the year 2009?​

Answer 1

Step-by-step explanation:

Given:- Principal =Rs 625000

rate = 8% per annum

time= 2 yrs.

So, Amount = P(1-r/100)^T(since the value is depreciated)

=625000(1-8/100)^2

=625000(92/100*92/100)

=  529000.

Answer 2

Answer:

Given:- principal =625000

time=2yrs

rate =8•/•

So, amount =P(1-r)^t

625000(1-8)^2

625000(92/100*92/100)

=529000