Arithmeticmedium · Past Paper

The population of a town increases by 5% annually. If the current population is 40000, what will it be after 2 years?

A44000
B44100
C42000
D45000

✓ Correct Answer: B44100

P = 40000(1 + 0.05)^2 = 40000(1.1025) = 44100.

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