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1 year ago

13

A family spends $30,000 a year for living expenses. If prices increase by 5 percent a year for the next three years, what amount

will the family need for their living expenses after three years?

1 answer:

Juli2301 [7.4K]1 year ago

3 0

Answer:

The family will need $34500.

Step-by-step explanation:

1. 5% of 30000 is 1500.

2. 3 times 1500 is 4500.

3. Add 4500 and the starting amount.

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