Question #905ff

2 Answers
Ojas singh
Feb 6, 2018

#$8526.2#

Explanation:

Cost of the fees in 1981=#$4790#
Rise in fees=#78%#
Hence, new amount=#4790+(78/100 *4790)#
=#4790+3736.2#
=#$8526.2#
Hence the fees was #$8526.2# in 1995.

Jim G.
Feb 6, 2018

#$8526" to nearest dollar"#

Explanation:

#"let "$4790" be "100%#

#"then "100+78=178%=178/100=1.78#

#"multiplying the original cost by this factor gives the cost"#
#"in 1995"#

#"cost in 1995 "=$4790xx1.78=$8526.20#

#~~$8526" to nearest dollar"#

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