Question

Gina wants to attend a college with a current tuition of $10,000 a year. She will graduate from high school in two years. Roughly how much will Gina need to save for one-year’s tuition to account for an annual rate of inflation of 2%?

$204.00
$14,00.00
$10,404.00
$20,000.00

Answer 1

C

Step-by-step explanation:

C : $10,404.00 is correct. I got it right on the test. B is wrong.