Question

The population of a European city increases by 2% annually. If the initial population was 50,000, what is the expected population in 10 years if this trend continues?
A.
6,095 people
B.
60,950 people
C.
309,587 people
D.
371,504 people

Answer 1

50000
50000*1.02
50000*1.02^2
50000*1.02^3
...
etc.