Enter the initial cost ($) and the percentage change (%) into the Final Cost Calculator. The calculator will evaluate and display the Final Cost.

## Final Cost Formula

The following formula is used to calculate the Final Cost.

FC = IC + IC * PC/100

- Where FC is the Final Cost ($)
- IC is the initial cost ($)
- PC is the percentage change (%)

To calculate the final cost, multiply the initial cost by the percentage increase, then add the initial cost to this result.

## How to Calculate Final Cost?

The following example problems outline how to calculate Final Cost.

Example Problem #1:

- First, determine the initial cost ($). The initial cost ($) is given as 50.
- Next, determine the percentage change (%). The percentage change (%) is provided as 20.
- Finally, calculate the Final Cost using the equation above:

FC = IC + IC * PC/100

The values given above are inserted into the equation below:

FC = 50 + 50* 20/100 = 60.00 ($)

Example Problem #2:** **

The variables needed for this problem are provided below:

initial cost ($) = 100

percentage change (%) = 40

Entering these values and solving gives:

FC = IC + IC * PC/100 = 140.00 ($)