If the annual increase in the population of a town is 10% and the present number of people is 11000, what will the population be in 2 years?  Answers.
A) 12100 B) 15240 C) 12456 D) 11452 E) 13310

Rationale: "the required population is = 11000 ( 1 + 10 / 100 ) ^ 2 = 11000 * 11 / 10 * 11 / 10 = 13310 answer is e"
Answer: E