Annual growth

The population has grown from 25,000 to 33,600 in 10 years. Calculate what was the average annual population growth in%?

Correct result:

p =  3 %


a=25000 b=33600 n=10  aqn=b  qn=b/a  q=(b/a)1/n=33600/25000101.03  p=100 (q1)=100 (1.031)=3%

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