The present population of a town is 36000.Find its population after two years if the rate of the growth of is population is 5percent per annum
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Population after 2 yrs=
36000(1+5/100)^2
=36000(100+5÷100)^2
=36000(105/100)^2
=36000×105/100×105/100=36,690
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Answer:
Here , P = 36000 , R = 5 % , T = 2 years , A = x
We know , A = p ( 1 + r/ 100) ^ n
A = 36000 ( 1 + 5/100 ) ²
A = 36000 ( 100 + 5 / 100 ) ²
A = 36000 ( 105/ 100 ) ²
A = 36000 × 105/100 × 105/100
A = 39,690
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