The present population of a town is 28,000. If it increases at the rate of 5% per annum, what will be its population after 2 years
Answers
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Step-by-step explanation:
28000 ×21/20 × 21/20
441×280/4
441 ×70
30870
Answered by
0
Answer:
Population of town after 2 years will be 30870.
Step-by-step explanation:
Given
Present population of town = 28000
Rate of increase in population is = 5% per annum
Number of years = 2
By using the formula,
A = P (1 + R/100)n
Population of town after 2 years = 28000 (1 + 5/100)²
= 28000 (1.05)²
= 30870
∴ Population of town after 2 years will be 30870.
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