The population of a city increases each year by 4% of what it had been at the beginning of each year. If the population in 1999 had been 6760000, find the population of the city in
(i) 2001
ii) 1997
Population of a city in 1999 = 6760000
Increase =4%
(i) ∴ Population in 2001 is after 2 years
=6760000×(1+4100)2
=6760000×(2625)2
=6760000×2625×2625=7311616
(ii) Let population in 1997 = P
Then 6760000 =P(1+4100)2
=P×(2625)2=P×676625
∴P=6760000×625676=6250000
∴ Population in 1997 was = 6250000.