document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=252813>Question 252813</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 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 ? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #184884 by </B><A HREF=/tutors/aboutme.mpl?userid=JimboP1977><B>JimboP1977(311)</B></A><img src=\"/images/stars/stars-10.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=JimboP1977><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=JimboP1977><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=184884\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Assuming the population increase for the first year is 4% and the increase for second year is an ADDITIONAL 4% then:\r<BR>\n" );
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document.write( "x = population number\r<BR>\n" );
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document.write( "After 1 year population = x*1.04<BR>\n" );
document.write( "After 2 years population = x*1.04*1.04*1.04 = x*1.04^3 = x*1.124864\r<BR>\n" );
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document.write( "So after 2 years the population has increases by (1-1.124864)*100 percent or 12.48% to 2 dp.\r<BR>\n" );
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