Stepwise
Start practisingPractise

JAMB 2000 · UME · Q2

If the population of a town was 240,000 in January 1998 and it increased by 2%2\% each year, what would be the population of the town in January 2000?

Worked solution (try it first)
  1. Each year the population is multiplied by 1.021.02, and January 1998 to January 2000 is 2 years.
  2. So the population is 240 000×1.022=240 000×1.0404240\,000 \times 1.02^2 = 240\,000 \times 1.0404.
  3. That is 249,696, option B.

Report a problem with this question