The population of a town is increasing at the rate of 5% per annum. What will be the population of the town on this basis after two years, if the present population is 16000?

17600 17640 17620 17680

17640

5% = \(\frac{1}{20}\)  According to question , Population after 2 years = 16000 × \(\frac{21}{20}\) × \(\frac{21}{20}\) = 17640 So , population after 2 years is 17640 .