In a village the growth rate of population is 5% every year. There are 1600 people in the beginning of 2008 what will be the approximate number of people in the beginning of 2011?

In a village the growth rate of population is 5% every year. There are 1600 people in the beginning of 2008 what will be the approximate number of people in the beginning of 2011?

A 2012

B 1696

C 1698

D 1689

Solution

Correct Answer: Option E