The population of a city is 160,000. If it increases at the rate of 6% per annum, then what will be its population 2 years hence?  Choose the correct choice from the following.
A) 268942 B) 186935 C) 179776 D) 167425 E) None of these
Explanation:   Population after n years = P [1 + (R/100)]2   Population after 2 years = 160000 * [1 + 6/100]2 = (160000 x 53/50 x 53/50) = 179776   ANSWER: 179776
<result>C</result>
The population of a city is 160,000. If it increases at the rate of 6% per annum, then what will be its population 2 years hence?