The population of a city increasescompounding rate of 8% perpopulation – InterviewSolution

1.	The population of a city increasescompounding rate of 8% perpopulation in the year 2012 if pothe year 2010 was 2,50,000.atyear. Find thelon
Answer» Population after 2 years= P(1+r/1)²=250000(1+8)²=250000*81=20250000

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