Let's use the exact formula you provided to calculate the new population:

Given:

• Initial population in 2006 (P1) = 169,570
• Growth rate (GR) = 2.3% = 0.023

Formula:

$\text{New Population} = \text{GR} \times P1 + P1$

Calculation:

1. Multiply the growth rate by the initial population: $0.023 \times 169570 = 3,900.11$

2. Add the result to the initial population: $3,900.11 + 169570 = 173,470.11$

So, using the exact formula, the new population would be 173,470.11.

Would you like more details or have any questions?

Related Questions:

1. What is the population projection for 2007 using this exact formula?
2. How many years would it take for the population to reach 200,000 at this growth rate?
3. How would the population projection change if the growth rate were doubled?
4. What would the total population be after 5 years using this arithmetic growth?
5. Can we compare this arithmetic method with an exponential growth formula for long-term projections?

Tip:

When working with population projections, consider whether a constant growth rate is realistic over long periods, as external factors can cause fluctuations.