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Twenty years ago a small town in Texas had a population of 10,000. The population has increased 8% each year since then. What is the current population of this town?
Increase in population per year =8%=((100+8)*10,000)/100=10,800. So,there will be an increment of 800 people to the population every year. =>after twenty years,the total population=10,000+19*(800)=25,200.
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