Answer
$$36,103 \ dollars$$
Work Step by Step
Since we know that there was a 3% increase, we multiply by 103% as a decimal, which is equal to 1.03. Doing this, we find:
$$ =35,051 \times 1.03 \\ = 36,103 \ dollars$$
Basic College Mathematics (10th Edition)
by Lial, Margaret L.; Salzman, Stanley A.; Hestwood, Diana L.
Published by
Pearson
ISBN 10:
0134467795
ISBN 13:
978-0-13446-779-5
Chapter 6 - Percent - 6.5 Using the Percent Equation - 6.5 Exercises - Page 430: 45
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