Car prices are projected to increase by 125% in 10 years. A car currently costs $2000. What is the projected cost of a car in 10 years.
I won't even answer this ancient question. New cars haven't cost $2,000 for over 40 years.
C = 2000 + 1.25*2000 =
To find the projected cost of a car in 10 years, we need to calculate a 125% increase from the current price of $2000.
Step 1: Calculate the price increase
Increase = (125/100) * $2000
Increase = $2500
Step 2: Add the price increase to the current price
Projected cost = $2000 + $2500
Projected cost = $4500
Therefore, the projected cost of a car in 10 years is $4500.