The number of the members of a club is increased by 10% every year. If the initial number of the…
The correct choice is: “605” At the beginning of the third year, two full years of growth have taken place. After year 1: 500 × 1.1 = 550. After year 2: 550 × 1.1 = 605.…
Choose your answer
The number of the members of a club is increased by 10% every year. If the initial number of the members is 500, then what will be the number at the beginning of the third year?
Answer and explanation
Correct answer D
The correct choice is: “605”
At the beginning of the third year, two full years of growth have taken place.
After year 1: 500 × 1.1 = 550. After year 2: 550 × 1.1 = 605.
(Equivalently 500 × 1.1² = 500 × 1.21 = 605.)
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