pre alegra
posted by denise .
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

The June price was 2000(1.05)=2010
the December price was 2010(1.05)=you do it.
Respond to this Question
Similar Questions

economics
You are the manager of a firm that receives revenues of $40,000 per year from product X and $90,000 per year from product Y. The own price elasticity of demand for product X is 1.5, and the crossprice elasticity of demand between … 
math
A product that was originally priced at $2,000 had it'd price increased on June 1 by 5%. On December 1 the price was increased by 5% of the new June price. By how many dollars did the price increase on December 1? 
Econ
You are the manager of a firm that receives revenues of $40,000 per year from product X and $90,000 per year from product Y. The own price elasticity of demand for product X is 1.5, and the crossprice elasticity of demand between … 
algebra
The price of products may increase due to inflation and decrease due to depreciation. Derek is studying the change in the price of two products, A and B, over time. The price f(x), in dollars, of product A after x years is represented … 
Entrepreneurship
1. If a product becomes more easily available, what is likely to happen? 
algeba
The price of products may increase due to inflation and decrease due to depreciation. Derek is studying the change in the price of two products, A and B, over time. The price f(x), in dollars, of product A after x years is represented … 
Math
2.The price of products may increase due to inflation and decrease due to depreciation. Derek is studying the change in the price of two products, A and B, over time. The price f(x), in dollars, of product A after x years is represented … 
algebra
The price of products may increase due to inflation and decrease due to depreciation. Derek is studying the change in the price of two products, A and B, over time. The price f(x), in dollars, of product A after x years is represented … 
Algebra
The price of products may increase due to inflation and decrease due to depreciation. Derek is studying the change in the price of two products, A and B, over time. The price f(x), in dollars, of product A after x years is represented … 
Social studies
1. What event would most likely cause an increase in sales A. Decrease in price B. Increase in supply C. Decrease in product quality D. Increase in quality product Answer: A 2. What is stated by the law of supply A. An increase in …