1. The records at a particular two-year college classify a student as a freshman, a sopho- more, a student that has transferred out, or a student that has graduated. Each year 25% of students transfer, 15% have to repeat the year, and 60% complete the year. Once a student has transferred or graduated they have a 100% chance of staying clas- sified that way. Currently there are 2,000 freshmen, 1,500 sophomores, 500 students that have transferred, and 3,000 graduates. Determine the number of students in each category one year from now. You may use a calculator for any computations in

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4. The records at a particular two-year college classify a student as a freshman, a sopho-
more, a student that has transferred out, or a student that has graduated. Each year
25% of students transfer, 15% have to repeat the year, and 60% complete the year.
Once a student has transferred or graduated they have a 100% chance of staying clas-
sified that way. Currently there are 2,000 freshmen, 1,500 sophomores, 500 students
that have transferred, and 3,000 graduates. Determine the number of students in each
category one year from now. You may use a calculator for any computations in
this problem only.
Transcribed Image Text:4. The records at a particular two-year college classify a student as a freshman, a sopho- more, a student that has transferred out, or a student that has graduated. Each year 25% of students transfer, 15% have to repeat the year, and 60% complete the year. Once a student has transferred or graduated they have a 100% chance of staying clas- sified that way. Currently there are 2,000 freshmen, 1,500 sophomores, 500 students that have transferred, and 3,000 graduates. Determine the number of students in each category one year from now. You may use a calculator for any computations in this problem only.
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