A city's population grows at an annual rate of 4%, with an extra 1% yearly increase due to incoming job seekers. What is the total percentage growth in the population after 2 years?
Explanation
The population grows by 4% each year plus an additional 1% annually from job seekers, totaling a 5% increase per year. Over 2 years, the total percentage increase is 5% + 5% = 10%. Therefore, the population increases by 10% after 2 years.