Question

one gallon of milk costs 3.60, but this cost is projected to increase 10% in the next 5 years. what is the projected cost of a gallon of milk 5 years from now?​

Answer 1

3.60$ x (100%+10%)

=3.60$ x 110%

=3.60$ x 1.1

=3.96$ for a gallon of milk 5 years from now.