Question

the population of the population of town is increasing at the rate of 6percentage p.a.it was 238765 in the year 2017,find the population in the year 2015 and 2021,

with proper steps​

Answer 1

Answer:

Population in year 2015 = 210113.2

Population in year 2021 = 300843.9

Step-by-step explanation:

Population in 2015

= 238765(1-6/100)^2

= 238765*0.88

= 210113.2

Population in 2021

=238765(1+6/100)^4

=238765*1.26

=300843.9

I just used the formula of compound interest (growth and depreciation) to find out answer

P(1-R/100)^T and P(1+R/100)^T

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