the present population of town 8000 if increasethe rate of 5% per annum what will be population after 3 year
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Answer:
After 3 years the population of the town will be 9261.
Step-by-step explanation:
Since, it is stated that the population of the city gets increased at a rate of 5% per year than that of the previous year.
So, it can be calculated by using the formula of compound interest.
It is mentioned that,
Present population = 8000
Increasing rate = 5%
Time = 3 years
∴ Total number of population after 3 years_
⇒ 8000*
⇒(8*105*105*105)/1000
⇒9261000/1000
⇒ 9261
So, after 3 years the population of the town will be 9261.
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