Question

I keep getting this wrong...

Answer 1

In this question, we need to find this year's tuition.

We know that last year's tuition was 29,613 dollars.

We know that this year's tuition increased by 5.9%

In order to find your answer, we would have to multiply 29,613 by (1 + 0.059 = 1.059), since the price is increasing.

Solve:

29,613 · (1 + 0.059 = 1.059)

29,613 · 1.059 = 31,360.167

If you have to round to the nearest hundredths, it would be: 31,360.17

If you have to round to the nearest whole, it would be: 31,360

This means that this year's tuition was $31,360

Answer:

$31,360 (if you need to round to the nearest whole)

$31,360.17 (if you need to round to the nearest hundredths)