The population of a town is 1058400, if it increase at the rate of 5% per annum ,then what will be the population 2 year hence ?
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Answer:
answer is 960000
Step-by-step explanation:
given that:
p = 1058400, R = 5% and n = 2
According the formula,
Population n yr ago = P/(1 + R/100) n
∴ Population 2yr ago = 1058400/(1+ 5/100)2
= 1058400 x 20/21 x 20/21 = 960000.
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