Question

If you are currently paying $5,350 per year in tuition, and your school is planning to raise tuition by 6 percent for the next year, how much will you pay in tuition next year?

Answer 1

100% last years price + 6% more = 106% of last years price

1.06 * 5,350 = 5,671

Answer 2

$5,350 x 1.06 = $5,671

Answer : $5,671