aneesha determined that the cost of attending her public four - year college in her first year will be…

aneesha determined that the cost of attending her public four - year college in her first year will be $6,220. if the average cost is expected to increase by 6%, what will be the cost of attending her second year in college? $6,226.00 $6,257.32 $6,593.20 $6,820.00

aneesha determined that the cost of attending her public four - year college in her first year will be $6,220. if the average cost is expected to increase by 6%, what will be the cost of attending her second year in college? $6,226.00 $6,257.32 $6,593.20 $6,820.00

Answer

Explanation:

Step1: Calculate the increase amount

The increase rate is 6% or 0.06. The first - year cost is $6220. The increase amount is the first - year cost times the increase rate, so $6220\times0.06$. $6220\times0.06 = 373.2$

Step2: Calculate the second - year cost

The second - year cost is the first - year cost plus the increase amount. So $6220 + 373.2$. $6220+373.2=6593.2$

Answer:

$6,593.20$