SOLUTION: Another problem I just couldn't figure out and I'm still working on it . A product that cost 2,000 increase by 5% in June. The new June price of the product increased by 5% on Dece

Algebra ->  Algebra  -> Average -> SOLUTION: Another problem I just couldn't figure out and I'm still working on it . A product that cost 2,000 increase by 5% in June. The new June price of the product increased by 5% on Dece      Log On

Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!
Ad: Algebra Solved!™: algebra software solves algebra homework problems with step-by-step help!

   


Question 235112: Another problem I just couldn't figure out and I'm still working on it . A product that cost 2,000 increase by 5% in June. The new June price of the product increased by 5% on December 1st. How many dollars did the product increase by Dec 1. I don't have a clue! Can you please help?
Answer by solver91311(12126) About Me  (Show Source):
You can put this solution on YOUR website!




Is the price on December 1. Subtract 2000 from that to get the total $ increase.

You can do your own arithmetic.

John