The population of a town was 50,000 in the year 1980. If the
population of the town increased at a rate of 12% each year, what is the
estimated population of the town after 3 years?(use compound interest
formula)
35123
59550
70246
72285
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0
Answer:
sorry yar I don't know the answer
Answered by
2
Answer:
Population of town 3 years ago =50000
Annual percentage increase in 3 years =5%,4%,3%.resp.
∴ Present population =50,000(1+ 100 a 1 )(1+ 100A 2 )(1+ 100A )
=5000(1+ 1005 )(1+ 1004 )(1+ 1003 )
=5000× 100105 × 100104 × 100103
Present population =56238Rs
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