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The population of a city increases at the rate of 4% p.a. There is an additional annual increase of 4% of the population due to the influx of job seekers. Find the % increase in population after 2 years. | |
A. | 8% [Wrong Answer] |
B. | 16% [Wrong Answer] |
C. | 16.16% [Wrong Answer] |
D. | 16.64% [Correct Answer] |