A population of 1,000 grows by 10 percent per year. How large is it after two years?
Answer and explanation
Correct answer: B. 1,210
- Step 1: After one year: 1,100. Step 2. After two years: 1,100 x 1.1 = 1,210. Answer: 1,210. Why not the others: 1,200 adds the percentages without compounding.
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