Population Growth in Country: Calculating +1 & +4 Year Populations

AI Thread Summary
The current population of the country is 15.2 million, growing at an annual rate of 2.7%. To find the population one year ago, the correct formula is Un+1 = Un (1 + 0.027), which allows for accurate backward calculation. Using this method, the population one year ago is approximately 14,793,187, correcting the earlier miscalculation. For the population four years ago, the same formula can be applied iteratively or through direct calculation. Accurate population projections require careful application of growth formulas.
Peter G.
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The population of a country is 15.2 million and is growing at a steady rate of 2.7% annually.
a) What was the population one year ago
b) What was the population four years ago

So I did this:

Un+1 = Un-1 * ((n-1)*0.973)

Doing so, I got for the first answer 14,789,600 but the book got 14,793,187

What did I do wrong?
 
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Your equation is not correct. The basic relation is Un+1 = Un (1+2.7%), so for a) you can solve this to get Un as a function of Un+1.
 
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