A private high school charges $45,540 for tuition, but this figure is expected to rise 2% per year. What will tuition be in 4 years?

Question

A private high school charges $45,540 for tuition, but this figure is expected to rise 2% per year. What will tuition be in 4 years?

If necessary, round your answer to the nearest cent.

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Isabella 1 week 2021-09-08T01:06:51+00:00 1 Answer 0

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    2021-09-08T01:08:00+00:00

    Answer: I got confused but its either 48387.80 or 49355.55

    Step by step:

    What you do is you find 2% of 45,540 and add it to 45,540. Then you do the same with the next number and the number after that and then the number after that.

    To find a percent of a number, you multiply it by the percent over 100.

    For example you have to find 5% of 15 you would do 5/100*15

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45:7+7-4:2-5:5*4+35:2 =? ( )