The population of a town is increasing at the rate of 5% p.a. What will be the population of the town after 2 years, if the present population is 16,000?

Padehodarobxz6

Padehodarobxz6

Answered question

2023-01-28

The population of a town is increasing at the rate of 5% p.a. What will be the population of the town after 2 years, if the present population is 16,000?
A)17,000
B)14,512
C)18,640
D)17,640

Answer & Explanation

Shania Whitaker

Shania Whitaker

Beginner2023-01-29Added 7 answers

Population after 2 years
= 16 , 000 ( 1 + 5 100 ) 2 = 16 , 000 × ( 21 20 ) 2 = 17 , 640
Hence, answer: 17,640

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