Question

In the news, you hear “tuition is expected to increase by 7% next year.” If tuition this year was $1200 per quarter, what will it be next year?

Answer 1

$5136

step by step:

this year tuition-1200

in a year there are 4 quarters

so total this yr is 1200×4=4800

Next year

tuition is 100%+7%per 4months

so

1.07×1200=1284per month

per year 1284×4=5136

Answer 2

Answer: $1284 per quarter

Explanation: