. The population of a city was 20,000 in 1997. It increased at the rat

1.	. The population of a city was 20,000 in 1997. It increased at the rate of5% per annum. Find the population of city at the end of the year2000.
Answer» A=P(1+R/100)^N =20,000(1+5/100)³ =20,000(1+1/20)³ =20,000(20+1/20)³ =20,000(21/20)³ =20,000×21/20×21/20×21/20 =23,152.5

. The population of a city was 20,000 in 1997. It increased at the rate of5% per annum. Find the population of city at the end of the year2000.

Answer»

A=P(1+R/100)^N

=20,000(1+5/100)³

=20,000(1+1/20)³

=20,000(20+1/20)³

=20,000(21/20)³

=20,000×21/20×21/20×21/20

=23,152.5

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. The population of a city was 20,000 in 1997. It increased at the rate of5% per annum. Find the population of city at the end of the year2000.​

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. The population of a city was 20,000 in 1997. It increased at the rate of5% per annum. Find the population of city at the end of the year2000.