Question

The cost of a newsletter subscription is $20 per y

ear. The cost is expected to increase 10% each year. Which expression can be used to find the cost n years from now? What will the expected cost be at the end of 3 years?

Answer 1

1 year 20 * .10 = 2 +20 = 22
2 year 22*.10= 2.2 + 22=24.2
3 year 24.2 *.10=2.42+24.2= 26.62
So 26.62 is the expected cost at the end of the 3 years