A district has 64000 inhabitants. If the population increases

A district has 64000 inhabitants. If the population increases at
the rate of 2 1 % per annum,
2

the number of inhabitants at the end of 3 years will be

Using Rule 17,

P = P₀		1 +	R		^T
			100

= 64000		1 +	5		³
			200

= 64000			41		³
			40

=	64000 × 41 × 41 × 41	= 68921
	40 × 40 × 40

the rate of 2	1	% per annum,
	2