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Manuel pays $ 500 per year fees to his homeowner's association. Next year, the association is increasing its fee by 5% How much will Manuel pay next year?

Manuel pays $ 500 per year fees to his homeowner's association. Next year, the association is increasing its fee by 5% How much will Manuel pay next year?
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Manuel pays $ 500 per year fees to his homeowner's association. Next year, the association is increasing its fee by 5%

How much will Manuel pay next year?

User Sflow
by
8.9k points

1 Answer

1 vote

Answer:

525

5 percent of 500 is 25

25 + 500=525

User Swapnil Kotwal
by
8.7k points
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