The budget for a school club was $1,000 in 2020. The budget decreased by 12% from 2020 to 2021 and then increased by 18% from 2021 to 2022. Which of the following expressions represents the budget, in dollars, for the school in 2022?

A review of percent increase and decrease:

Since percents are multiplicative, it doesn't matter which order we apply the percents.