The population of a town is increasing at the rate of 5% per annum. What will be the population of the town on this basis after two years, if the present population is 16000?
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Answer:
Population = 16000
time n = 2 years
Rate = 5%
Step-by-step explanation:
16000 ( 1 +5/100)²
16000 ( 1 + 1/20)²
16000 × 21/20 ×21/20 ...
Find the answer by calculation..
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