Question

A textbook in the college bookstore had an original price of $185.50. Since then the inflation rate has been 4%. Find the current price of the book.
$189.50

$195.40

$192.92

$187.25

Answer 1

So you want to multiply 185.5 by 1.04 to get the 4% inflation. if you do that then you get 192.92

Answer 2

The answer will be 195.40 that's what i got for the answer