The population of a town is 9700. It increases by 20% during the first year and by 15% during the second year. What will be the population after two years?
Answer & explanation
Correct answer: option 3
20% = \(\frac{1}{5}\)
15% = \(\frac{3}{20}\)
New population = 9700 × \(\frac{6}{5}\) × \(\frac{23}{20}\) = 13386