Question #905ff

2 Answers
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.

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"