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

Algebra ->  Percentage-and-ratio-word-problems -> 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      Log On


   



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) About Me  (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