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per annum, interest being compounded half yearly 10. The population of a place increased to \( 54,000 \) in 2003 at a rate of 5\( \% \) per unnum (i) find the population in 2001 (i) what would be its population in 2005\( ? \)

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The population of a place increased to 54,000 in 2003 at a rate of 5% per annum.
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