Civil Service Exam Reviewer · Percentage · hard
A town has a population of 26,000. If it grows by 8% each year, what will the population be after 2 years?
- 30,160
- 28,080
- 32,753
- 30,326
Answer
D. 30,326
Solution
26,000 × (1.08)² = 30,326.4 ≈ 30,326. (Growth is compounded, not 16% simple.)
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