Your university is running a special offer on tuition.This year's tuition cost is $18,000.Next year's tuition cost is scheduled to be $19,080.The university offers to discount next year's tuition at a rate of 6% if you agree to pay both year's tuition in full today.How much is the total tuition bill today if you take the offer?
A)$34,981.13
B)$36,000.00
C)$37,080.00
D)$38,160.00

Question

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The Answer of Your university is running a special offer on tuition.This year's tuition cost is $18,000.Next year's tuition cost is scheduled to be $19,080.The university offers to discount next year's tuition at a rate of 6% if you agree to pay both year's tuition in full today.How much is the total tuition bill today if you take the offer?
A)$34,981.13
B)$36,000.00
C)$37,080.00
D)$38,160.00

Your University Is Running a Special Offer on Tuition