Question

The population of a town increases each year by 4% of its total at the beginning of the year. If the population on 1st January 2001 was 500000, what was it on 1st January 2004?

Options

• 562432

• 652432

• 465223

• 564232

Answer 1

562432

Explanation:

`500000 xx 26/25 xx 26/25 xx 26/25`

= 562432