Step-by-step explanation:
Given,
The population of a town in 2014 (P) = 100,000, the population increases at a rate (r) = 4.5 % and time (n) = 6 years
To find, the population of the town in 2010 = ?
We know that,
Amount (A) =[tex]P(1+\dfrac{r}{100} )^n[/tex]
[tex]=100,000(1+\dfrac{4.5}{100} )^6[/tex]
[tex]=100,000(1+0.045)^6[/tex]
= 100,000 × 1.3022
= 130226
∴ The population of the town in 2010 = 130226
Thus, the population of a town is "130226" in 2010.
