Question

The price of a computer component is the tracing at a rate of 10% per year if the components cost $90 today what will it cost in three years

Answer 1

$119.79

Explanation:

Year 1:

10% of 90 is 99

Year 2:

10% of 99 is 9.9

Year 3:

10 percent of 108.9 is 10.89

108.9+10.89= 119.79