In 1996, funding for a program increased by 0.55 billion dollars from the funding in 1995. in 1997 the increase was, 0.25 billion dollars over the funding in 1996. for those three years the funding was 11.07billion dollars. how much was funded in each of these three years?

Solution:

we are given that

In 1996, funding for a program increased by 0.55 billion dollars from the funding in 1995.

in 1997 the increase was, 0.25 billion dollars over the funding in 1996.

For those three years the funding was 11.07 billion dollars.

Let the funding in 1995 was x billion dollars.

Then we can write

Hence funding in 1995=3.24 billion dollars.

Funding in 1996=3.24+0.55=3.79 billion dollars.

Funding in 1997=3.79+0.25=4.04 billion dollars.