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The population of a town increases each year by 5% of its total at the beginning of each year. If the population on 1

The population of a town increases each year by 5% of its total at the beginning of each year. If the population on 1 January 2015 was 40000. What will it be on 1 January 2017? 1. 44900 48400 3. 44100 4. 44200 2.

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