the present population of a town is 50,000. If it is expected to grow at 4% 5% and 8% during the first second and third year respectively find the expected population after 3 years
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Answer:57813
Step-by-step explanation:
At the end of 1st year, total population will be
50000+3% of 50000
=50000+(3/100)×50000
=50000+3×500=50000+1500=51500
At the end of 2nd year it will be
51500+4%of 51500
=51500+(4/100)×51500
=51500+4×515=51500+2030=53530
At end of 3rd year it will be
53530+8% of 53530
=53530+(8/100)×53530
=53530+4282.4=57812.4
=57813 approximately
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