ExamBro
ExamBro
AP EAMCET · Maths · Application of Derivatives

The population of a city grows at the annual rate of \(3 \%\). What percentage increase is expected in \(5 \mathrm{yr}\) ?

  1. A \(12.9 \%\)
  2. B \(13.9 \%\)
  3. C \(14.9 \%\)
  4. D \(15.9 \%\)
Verified Solution

Answer & Solution

Correct Answer

(D) \(15.9 \%\)

Step-by-step Solution

Detailed explanation

Let the population in begining is \(P_0\), then according to the question percentage increase in 5 yr expected is…