Average Annual Cost$12,567$19,345YEAR200920194. The table above gives the average annual cost for a fouryear PUBLIC college. Please answer the followingquestions from the chart.A. Write an EXPONENTIAL FUNCTION to model this situation.( Round to the nearest hundredth for the BASE) B. Use the properties of Exponents to rewrite the function todetermine the ANNUAL growth rate. ( Round to thenearest HUNDREDTH)Scanned with CamScannerC. If this trend continues, when, to the nearest tenth of ayear, will the average annual cost of attendance EXCEED$40,000?

A function is exponential if it written in form, A= A'ekt, where k is growth rate.

Average Annual Cost $12,567 $19,345 YEAR 2009 2019 4. The table above gives the average annual cost for a four year PUBLIC college. Please answer the following questions from the chart. A. Write an EXPONENTIAL FUNCTION to model this situation. ( Round to the nearest hundredth for the BASE)

Average Annual Cost $12,567 $19,345 YEAR 2009 2019 4. The table above gives the average annual cost for a four year PUBLIC college. Please answer the following questions from the chart. A. Write an EXPONENTIAL FUNCTION to model this situation. ( Round to the nearest hundredth for the BASE)

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

See similar textbooks

Related questions

Q: %24 %23 A car was valued at $25,000 in the year 1993. The value depreciated to $11,000 by the year…

A: We have to calculate rate of decrease of the value of car over years and also have to find the…

Q: Write an exponential function that has an initial value of $200 and a growth rate of 5%.

Q: A clothing shop opened eight years ago. The first year it made $9000 profit. Each year thereafter…

Q: 0 $5000 1 $5300 2 $5600 3 $5900 The table shows the amount in a savings account over several…

A: To analyze the pattern of the amount in the savings accounts over the years we can use a line graph.

Q: month balance 1 $ 1,000 $1,040 3 $1,082 2.

Q: 10. CRITICAL THINKING You found an apartment you really like. The rent is $625 per month. This is…

Q: PV Years Percent Compound FV $90,700.00 14 4.90% Monthly a. $179,359.04 b. $178,625.00 O c.…

A: Explanation of the answer is as follows

Q: A condo in Denver was built in 2005 and sold for $165,000. In 2019 the same condo was valued at…

A: Given data: The value of the condo in the year 2005 is A=$165,000. The value of the condo in the…

Q: In 2008 the price of a new Mazda, RX-8, four door coupe was $28,800. Assume that the value of the…

Q: %24 %24 A product costs $100 today. How much will the product cost in t days if the price is reduced…

Q: A car is sold for $2280, at a loss of 5% on the cost price. Find the Cost price?

A: The selling price of the car is $2,280. The car is sold at a loss of 5%. Let x be the cost price of…

Q: Give your answer as a rate, accurate to five decimal places. What gain would offset a 24% loss?

Q: You buy a new computer for $2750. Every year, its value decreases by 7.5%. What will be the value of…

A: Here the price of the computer is decreasing at a rate of 7.5% as that of the pervious year. So the…

Q: price of a computer component is decreasing at a rate of 10% per year. State whether this decrease…

A: The price of a computer component is decreasing at a rate of 10% per year. Present cost is $120.…

Q: A house cost $120,000 when it was purchased. The value of the house increases by 10% each year. Find…

Q: Year CPI 2009 214.5 2010 218.1 2011 224.9 2012 229.6 2013 233.0 2014 236.7 2015 237.0 2016 240.0 A…

A: Given Data: The CPI of the various years is shown in the given table. The cost of a pair of Jeans in…

Q: Find the half-life of an element which decays by 3.402% each day. The half-life is days. help…

Q: Question 3 A sports drink contains 8% fruit juice. How is this percent written as a decimal?

A: The objective is to write 8% in decimal form.

Q: Silvio invested $12,000 into an account that earned 4.5% APR compounded daily for 6 years. What was…

A: As per guideline, we can solve one question if multiple question posted. please repost the other…

Q: In the news, you hear “tuition is expected to increase from the current cost of $1,150

A: The objective is to computer the percentage increase in tuition cost. The current cost is, $1150 The…

Q: An employee accepts a job with a starting salary of $30,000 and a cost-of-living increase of 2 %…

Question

Average Annual Cost
$12,567
$19,345
YEAR
2009
2019
4. The table above gives the average annual cost for a four
year PUBLIC college. Please answer the following
questions from the chart.
A. Write an EXPONENTIAL FUNCTION to model this situation.
( Round to the nearest hundredth for the BASE)

B. Use the properties of Exponents to rewrite the function to
determine the ANNUAL growth rate. ( Round to the
nearest HUNDREDTH)
Scanned with CamScanner
C. If this trend continues, when, to the nearest tenth of a
year, will the average annual cost of attendance EXCEED
$40,000?

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step 3

VIEW

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Transcendental Expression$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.

Similar questions

Assume the change is exponential and complete the table below. .... . Radioactive iodine is used to determine the health of the thyroid gland. Radioactive iodine decays (or decreases) on a daily basis. Find the missing values in the table. Round to the nearest tenth as needed. Days Radioactive lodine Mcl 100 1 91.7 2 84.1 4 5
Bookstore sale rose 13.7% this year if cells this year were 111,150 copies find last year sales Round to the nearest whole number
Can you help me with this question?
Calculate the average inventory (in $) and inventory turnover ratio for the given company. (Round the inventory turnover ratio to one decimal place.)
My Courses PV Years Percent Compound FV $656,003.10 50 4.33% Monthly O a. $2,076,249.81 Ob. $5,462,183.18 Oc.$5,586,243.03 O d. $5,694,572.83
The population of a city is growing by 13% per year. Find the doubling time. Round your answer to one decimal place.
please show all steps USING EXCEL FORMULAS ONLY The following table shows the earnings per share and dividends per share for 10 electric utility companies in a recent year. Earning per share, x Dividends per share, y 2.78 2.16 1.41 0.88 2.74 1.04 0.92 1.1 2.44 0.96 3.5 2.18 3.68 1.54 1.97 1.39 1.95 1.41 2.07 2.88 23.46 15.54
Question 2 A 15% discount on a smart phone amounts to $180. What is the phone's list price? Answer = $ Submit Question (rounded to the nearest cent)
Plz look at the pic and plz explain I'm really confused. Thanks
You invest $200 at 12.25% earning continuous interest. How many years does it take for your money to increase 5 times its original value? Round your answer to the nearest tenth.
Tommy bought a new sports car for $45,000. It depreciates by 20% per year. 17. Fill in the table: year 0 Value of car $45,000 1 2 3 4 What is the exponential function that describes the above data? Using answer from #18, how much will the car be worth in 6 years? Determine how long it will take for the sports car to be worth $10,001.
Don't give handwritten answers please A train company increases its rail fares by 4% one year and by 6.5% the following year. Find the percentage increase in cost over the two years.