Arithmeticeasy · Past Paper
If a population grows by 2% every year, what formula represents the population after T years?
APt = Po(1 - R/100)^T
BPt = Po(1 + R/100)^T
CPt = Po + (Po*T*R)/100
DPt = Po * R * T
✓ Correct Answer: B — Pt = Po(1 + R/100)^T
Population growth follows the compound interest formula for appreciation.
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