The population of a town increases by 10% annually. If the present population is 60000, what will be its population after 2 years?

Explanation

To find the population of a town after 2 years with an annual increase of 10%, we can follow these steps:

### Step 1: Calculate the population after the first year.
- The current population is 60,000.
- The increase in population after 1 year is 10% of 60,000.

**Calculation:**
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