Question

the total estimated cost of attending a public year to year college is 2265. The cost of attending a college is expected to increase by 5% annually what is the total estimate that they will pay for the second year​

Answer 1

5% of 2265$ is 113,25$
Because 5% is 5/100 so 5 x 2265$ = 11325$
11325$ : 100 = 113,25$
Second year cost is the first year’s plus 5% so
2265$ + 113,25$ = 2378,25$ (second year cost)