Civil Service Exam Reviewer · Percentage · hard
A town has a population of 7,000. If it grows by 10% each year, what will the population be after 2 years?
- 8,470
- 8,400
- 7,700
- 9,317
Answer
A. 8,470
Solution
7,000 × (1.10)² = 8,470. (Growth is compounded, not 20% simple.)
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