A town has a population growth rate of 10% per year. The population in 1990 was 2000. What was the population in 1992?

A town has a population growth rate of 10% per year. The population in 1990 was 2000. What was the population in 1992?

Explanation

Population in 1990 = 2000

Population in 1991 = 2000 * 1.1 = 2200

Population in 1992 = 2200 * 1.1 = 2420