Question

the tuition at a certain college was $ 23, 472 last year and increased 5.5 % from last year to the current year . How much this is year 's tuition is $

Answer 1

$24,862.96

Explanation:

100% = $23,472

105.5% = answer?

To convert a percentage to a decimal, you have to divide by 100:

100% = 1.0

5.5% = 0.055

105.5% = 1.055

1.055 × $23,472 = $24,862.96