SOLUTION: At the start of the new year, the price for a gallon of milk at a local grocery store increased by 2.4% as a result of inflation. If a gallon of milk cost $2.92 last year, how much

Algebra ->  Expressions-with-variables -> SOLUTION: At the start of the new year, the price for a gallon of milk at a local grocery store increased by 2.4% as a result of inflation. If a gallon of milk cost $2.92 last year, how much      Log On


   



Question 954193: At the start of the new year, the price for a gallon of milk at a local grocery store increased by 2.4% as a result of inflation. If a gallon of milk cost $2.92 last year, how much does it cost this year?
Answer by macston(5194) About Me  (Show Source):
You can put this solution on YOUR website!
$2.92+(0.024($2.92)=$2.99 ANSWER: Milk has risen to $2.99 this year.