Three years ago, the population of a town was 50000. If the annual increase during three successive years be at the rate of 5%, 4% and 3% respectively. What is the present population?

Explanation

To find the present population of the town given the population three years ago and the annual increase rates, we can follow these steps:

### Step-by-Step Solution:

1. **Identify the initial population and the rates of increase**:
- Initial population (3 years ago) = 50,000
- Rate of increase for Year 1 (R1) = 5%
- Rate of increase for Year 2 (R2) = 4%
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