SOLUTION: A town has 1418 houses. The number of houses increases by five percent the first year and four percent the next. How many houses are in the town at the end of the second year

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Question 873444: A town has 1418 houses. The number of houses increases by five percent the first year and four percent the next. How many houses are in the town at the end of the second year
Answer by ben720(159) About Me  (Show Source):
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1418 Is increased by 5 % the first year
1418+5%(1418)
1418+70.9
About 1489
This is then increased by 4%
1489 + 4%(1489)
1489 + 59.56
About 1559 houses