Civil Service Exam Reviewer · Percentage · hard
A town has a population of 53,000. If it grows by 6% each year, what will the population be after 2 years?
- 59,360
- 56,180
- 63,124
- 59,551
Answer
D. 59,551
Solution
53,000 × (1.06)² = 59,550.8 ≈ 59,551. (Growth is compounded, not 12% simple.)
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