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14. Compound Interest
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Q1 of 89 Page 14

The present population of a town is 28000. If it increases at the rate of 5% per annum, what will be its population after 2 years?

Given,


Present population of town = 28000


Rate of increase = 5% per annum


Hence,


Population of town after 2 years =


More from this chapter

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27

What sum of money will amount to Rs. 45582.25 at 6% per annum in two years, interest being compounded annually?

28

Sum of money amounts to Rs. 453690 in 2 years at 6.5% per annum compounded annually. Find the sum.

2

The population of a city is 125000. If the annual birth rate and death rate are 5.5% and 3.5% respectively, calculate the population of city after 3 years.

3

The present population of a town is 25000. It grows at 4%, 5% and 8% during first year, second year and third year respectively. Find its population after 3 years.

Questions · 89
14. Compound Interest
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