The population of a city increases @ 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 ? Choose the correct answer
A) 14.64 %	B) 15.64 %	C) 16.64 %	D) 17.64 %	E) 18.64 %

Rationale: total annual increament in population = 4 + 4 = 8 % let the population be x population after 2 years = 1.08 x + . 0864 x population increase = 1.08 x + . 0864 x - x % increase = ( ( 1.08 x + . 0864 x - x ) / x ) * 100 = ( 1.08 + . 0864 - 1 ) * 100 = . 1664 * 100 = 16.64 % answer : c
Answer: C