Pam paid $9500 in college expenses this year. The college projects a 6% increase in expenses next year. What dollar amount should Pam expect to pay for college expenses next year? Please show your work.
To find next year's projected cost, take the current cost and multiply it by the percent of increase, then add the product to the original cost. 9500 * .06 = 570 9500 + 570 = $10,070. Pam should expect to pay $10,070 next year.
