the population of a town is 27600 it is increasing it is at the rate of 5% per annum what will be the expected increase in population of town in 2 years
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Step-by-step explanation:
V = Vo ( 1 + r/100)^n
V = 27600 ( 1 + 5/100)^2
V = 27600 ( 1 + 1/20)^2
V = 27600 × 21/20× 21/20
V = 30,429
the increase population is 30,429
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