If the annual increase in the population of a town is 4% and the present population is 15,625, then what will be the population be in 3 years.
Answer & explanation
Correct answer: option 3
4 % = \(\frac{1}{25}\)
1st 25 26
2nd 25 26
IIIrd 25 26
-------- -------
15625 17576
↓ x1 ↓ x1
15625 17576