Homework Help: pre alegra

Posted by denise on Wednesday, November 4, 2009 at 5:50pm.

A product that cost 2,000 increase by 5% in June. The new June price of the product increased by 5% on December 1st. How many dollars did the product increase by Dec 1. I don't have a clue! Can you please help

pre alegra - bobpursley, Wednesday, November 4, 2009 at 5:52pm
The June price was 2000(1.05)=2010
the December price was 2010(1.05)=you do it.

Answer this Question

Related Questions

math - abigail works at a skateboard shop. she earns $8 per hour and $1 ...
Accounting - On June 1, Coble Company Ltd. borrows $64,000 from First Bank on a ...
Accounting - On June 1, Melendez Company borrows $90,000 from First Bank on a 6-...
math - randall opened a savings account on June 1st and made the following ...
Accounting - On Hune 1, Coble Company Ltd. borrows $40,000 from first Bank on a ...
Accounting - Given the following information for the fiscal year ended June 30, ...
accounting - On December 31, 2009, $150,000 of 14% bonds were issued. The market...
Finals - English 7 - June 11 Social Studies 7 - June 12 Math 7 - June 13 ...
Econ - You are thinking about investing $100,000 in a new product. Sales ...
accounting - Required a. Determine the gross profit margin for each product ...

For Further Reading

First Name:
School Subject:
Answer: