Question

The present population of a town is 3125. If the population increases

at the rate of 4% every year, then the population in the next two years
will increase to 3380
TRUE
FALSE

Answer 1

True

Explanation:

Each year, the population of the town increases by a rate of 4%, or 0.04.

In order to find the answer, you need to multiply the population of that year by 1.04. 1.04 is used in order to add the 4% to the overall total.

At the end of the first year, the population is 3250. (3125 x 1.04)

At the end of the second year, the population is 3380. (3250 x 1.04)

Answer 2

Ture I think
Explanation:
The rate is 4%