In the context of your sentence: "in two years". "Two years ago, the town had a population of 500; two years later it has 1000; in two years it will be 2000"
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New2grammarAmy, ????
From your reply, it seems like the word 'later' presents continuation from the previous sentence which makes the phrase 'two year later' refers to the current year, 2007. In contrast, 'in two years' counts from the date of writing (2007) and therefore it refers to 2009. Is my