In 2015, a certain municipality in Cavite Province has a population of 120,000 Each year, the population increases at a rate of about 5%.
a. What is the growth factor of the municipality?
b. Determine an equation to represent the problem
c. What is the population of the municipality in 2020? Use the equation in letter (b)
d. If the population continues to increase at the same rate, what is the population in 2025.​​