The population of a town is 125033 increasing at the rate of 2 per annually what will be its population after 3 year
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So for this we have to use the formula of CI ( Compound Interest )
Given ,
Population : 125033 (P)
Time : 3 years
Rate : 2
CI = P(R+1/100)^t
= 125033(2+1/100)^3
= 125033( 201/100)^3
= 125033 X 2.01 X 2.01 X 2.01
=1015343.1
So therefore we can conclude that the population would be 1015343 app.
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