SOLUTION: the cost of a house increases 26 percent every year if it costs $80,000 to build the house one year what would it cost to build the house the next year

Question 278535: the cost of a house increases 26 percent every year if it costs $80,000 to build the house one year what would it cost to build the house the next year
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
The cost of a house increases 26 percent every year. If it costs $80,000 to build the house one year what would it cost to build the house the next year
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New Cost = 80000+0.26*80000
New Cost = 1.26*80000
New Cost = $100,800
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Cheers,
Stan H.
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