The population of a town is 176400. If it increase at the rate of 5% per annum. What will be its population for 2years hence?	Select the correct option.
A) 200000	B) 215600	C) 194582	D) 194481	E) 215460
population after 2years = 176400*(1+ 5/100)^2 = 194481   Answer is 194481
<result>D</result>
The population of a town is 176400. If it increase at the rate of 5% per annum. What will be its population for 2years hence?