A particular airline company has been raising its ticket prices at a constant rate of \(3\%\) per year since \(1961\).
If an air ticket from Country \(X\) to Country \(Y\) cost \(\$150\) in \(1961\), calculate to the nearest dollar, how much it will cost in \(2009\).
[3]Starting from the year \(1990\), Mr. Wong has been buying a ticket from Country \(X\) to Country \(Y\) for himself every year. Calculate how much he had spent on the tickets, to the nearest dollar, from \(1991\) to \(2009\) inclusive.
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