Growth of population is compounded every year. Growth rate of 4% means, it is 0.04. Starting Population is 4739 for the year 2003, Hence,
Population in 2004 will be= 4739(1+.04) = 4929
,, 2005 = 4739(1+.04)2 =5126
,, 2006 = 4739(1+.04)3 =5331
,, 2007 =4739(1+.04)4 =5544
,, 2008 = 4739(1+.04)5 =5766
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