Question

The cost of every college is expected to increase 3.5%
next year.
The cost to attend Faber College is currently $24000.
If the percentage increase stays constant, what will the
cost be in TWO years?

Answer 1

If I did the math right, the answer should be $39,673.46 after 2 years.

I hoped this helped

Answer 2

Answer:

25,709.4

Step-by-step explanation:

First you would multiply 3.5 x 24,000, and then divide by 100, to get 840, and then add that to the original  amount to get 24,840, and that is the cost for one year. And then you would multiply 24,840 by 3.5 and then divide by 100 to get 869.4. Finally just add that to 24,840 to get 25,709.4, and that is the cost for 2 years. I hope this helps :)