Question

The present population of a town is 26010. It increases annually at the rate of 2%. What was the population of the town 2 years ago?

• A. 25000
• B. 25100
• C. 25200
• D. 25500

Answer 1

Answer:

A. 25000

Read Explanation:

present population = 26010 2 years ago, the population was P, then P(1+r/100)²=26010 P(1+2/100)²=26010 P = 25000

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