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Question

The population of a town at percent is 80000. If the annual rate of increase is 4, find the population after 4 years. (use the formula:A=p(1+r100)n, where p is the original population)

Solution
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P=original population=80000
Rate of increase r=4
n=4 years
A=P(1+r100)n
=80000×(1+4100)4
=93588.685
93599

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