Difficulty: Easy
Correct Answer: 960000
Explanation:
Introduction / Context:Given the present population and a known annual growth rate, we reverse compound to find the population two years earlier.
Given Data / Assumptions:
Concept / Approach:P_past = P_now / (1.05^2) = 1058400 / 1.1025.
Step-by-Step Solution:
Compute 1058400 / 1.1025.Observation: 960000 * 1.1025 = 960000 + 0.1025 * 960000 = 960000 + 98400 = 1058400.Thus P_past = 960000.Verification / Alternative check:Exact multiplication confirms the reverse calculation without long division.
Why Other Options Are Wrong:
Common Pitfalls:Subtracting 10% once (linear thinking) instead of reversing compound growth.
Final Answer:960000
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