Question

The population of a fishing village is 100,000 in the year 2000. If the populations increases at a rate of 1% per annum, a) what is the expression of the population in year n? b) what is the population in the year 2007? c) calculate the increase of the population from 2006 to 2010? d) find the population after 20 years? e) in what year the population is 103,030? ​

Answer 1

a) 100,000 + 100,000n/100

b) 107,000

c) +4000

d) 120,000

e) 2003