If the annual increase in the population of a town is 4% and the present number of people is 15625, what will the population be in 3 years? Choose the most appropriate option: A) 15265 B) 16458 C) 25600 D) 17576 E) 14785

Rationale: "the required population is = 15625 ( 1 + 4 / 100 ) ^ 3 = 15625 * 26 / 25 * 26 / 25 * 26 / 25 = 17576 answer is d"
Answer: D