If the population of a town was 240,000 in January 1998 and it increased by
MATHEMATICS
JAMB 2000
If the population of a town was 240,000 in January 1998 and it increased by 2% each year, what would be the population of the town in January, 2000?
- A. 480,000
- B. 249,696
- C. 249,600
- D. 244,800
Correct Answer: B. 249,696
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