SOLUTION: Suppose that tuition is initially $100 per credit hour and increases by 6% from the first year to the second year? Now suppose that tuition decreases by 6% from the second to the t

Question 656756: Suppose that tuition is initially $100 per credit hour and increases by 6% from the first year to the second year? Now suppose that tuition decreases by 6% from the second to the third year. Is tuition equal to $100 per credit hr the third year?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!

 

Hi,

1st yr : $100

2nd yr:  $100 + $6 = $106

3rd yr: $106 - .06�$106 = $106 - $6.36 = $99.64  

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