Question

the tuition at a certain college was $29,694 last year and increased 5.6% from last year to the current year. how much is this year's tuition?

Answer 1

the tuition at a certain college was $29,694 last year

Intial Tution fees of college = $29,694

increased 5.6% from last year to the current year

i.e. Increased fees amonut = 5.6% of intial fees

So, tution of college at present year is : Intial Tution fees of college+ 5.6% of intial fees

`\begin{gathered} \text{Tution f}ees\text{ of college at present year = 29694+5.6\% of 29694} \\ \text{Tution f}ees\text{ of college at present year }=29694+(5.6*29694)/(100) \\ \text{Tution f}ees\text{ of college at present year }=29694+1662.864 \\ \text{Tution f}ees\text{ of college at present year }=31356.864 \end{gathered}`

So, This year tution fees is $31356.864

In the nearest dollars it will be: $31357