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At present, the number of trees in a village is 52,020. It increases annually at the rate of 2%. What was the number of trees in
the village two years ago?
45,000
51,250
50,000
48,000
To find the number of trees two years ago, we can use the formula for compound interest in reverse:
- Current number of trees = 52,020
- Annual increase rate = 2%
- Formula: Previous count = Current count / (1 + rate)^number of years
- Calculation for two years ago: 52,020 / (1.02)^2 ˜ 50,000
Examining the options:
- Option 1: 45,000 - Too low; doesn't fit calculation.
- Option 2: 51,250 - What you get after one year, not two.
- Option 3: 50,000 - Matches our reversed calculation.
- Option 4: 48,000 - Lower than calculated value.
By: santosh ProfileResourcesReport error
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