SOLUTION: The cost of attending college has been rising at an average increase of 7% for the past ten years. How much will college that now costs $10,368 for room, board, tuition and fees co

Algebra ->  Exponential-and-logarithmic-functions -> SOLUTION: The cost of attending college has been rising at an average increase of 7% for the past ten years. How much will college that now costs $10,368 for room, board, tuition and fees co      Log On


   

Question 171323: The cost of attending college has been rising at an average increase of 7% for the past ten years. How much will college that now costs $10,368 for room, board, tuition and fees cost two yearsfrom now?
Answer by Mathtut(3670) About Me  (Show Source):
You can put this solution on YOUR website!
10368(.07)=725.76 round and add this to the original amount
:
10368+726=11094
:
11094(.07)=776.58 round and add to new amount
:
highlight%2811094%2B777=11871%29 costs of college in 2 years