SOLUTION: the percentage cost of radio is 7500 if the rate of inflation for the next three years are 20%,15% and 10% respectively,find the cost of buying the same kind of radio in 3 years t

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: the percentage cost of radio is 7500 if the rate of inflation for the next three years are 20%,15% and 10% respectively,find the cost of buying the same kind of radio in 3 years t      Log On


   

Question 1160174: the percentage cost of radio is 7500 if the rate of inflation for the next three years are 20%,15% and 10% respectively,find the cost of buying the same kind of radio in 3 years time.
Found 2 solutions by mananth, ikleyn:
Answer by mananth(16946) About Me  (Show Source):
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Answer by ikleyn(52848) About Me  (Show Source):
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    Future cost = 7500*1.2*1.15*1.1 = 11385.    ANSWER