SOLUTION: Each year for the past five years the population of a certain country has increased at a steady rate of 2.7% per year. The present population is 15. 3 million people. a) What wa

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Question 1181922: Each year for the past five years the population of a certain country has increased at a steady rate of 2.7% per year. The present population is 15. 3 million people.
a) What was the population one year ago?
b) What was the population five years ago?

Answer by ikleyn(52776) About Me  (Show Source):
You can put this solution on YOUR website!
.

(a)  One year ago   15.3%2F%281%2B0.027%29 = 15.3%2F1.027  millions.    Use your calculator.



(b)  Five years ago   15.3%2F1.027%5E5  millions.   Use your calculator.