n 1961 the price of a new model S car was x dollars. If the price of the model S car increased each year by 10 percent of the previous year’s price, what was the price of the car, in dollars, in 1963 ?
A. 1.10x
B. 1.20x
C. 1.21x
D. 1.25x
E. 1.33x

• ans:C
  x+(x*10/100)=1.1x
  1.1x+(1.1x*(10/100))=1.21x
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