A district has a population of 312,500. The annual birth rate is 3.2% and the annual death rate is 1.2%. What will the population be after 2 years?
Correct answer B. 325,125
Explanation
Net growth = 3.2 − 1.2 = 2% per annum. Population = 312500 × (1.02)² = 312500 × 1.0404 = 325,125.
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