The following graph show the average annual college tution costs (tuition and fees) for a year at a private nonprofit or public four-year college. The data are given for five-year intervals.  The tuition for a private college is approximated by the function  f(x)=650x^2 + 3000x+12,000, where x is the number of five-year intervals since the academic year 1995-96 (so the years in the graph are numbered x=0 through x=3. a) Use this function to predict tuition (in dollars) in the academic year 2020-21. [Hint: What x-value corresponds to that year?]  $________________ b) Find the derivative of this function for the x-value that you used in part (a). __________________ In 2020-2021, private college tuition will be increasing or decreasing by $_________ every 5 years. c) From your answer to part (b), estimate how rapidly tuition will be increasing per year in 2020-21. (Enter your answer in dollars per year) $____________ /year

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
icon
Related questions
Question

The following graph show the average annual college tution costs (tuition and fees) for a year at a private nonprofit or public four-year college. The data are given for five-year intervals. 

The tuition for a private college is approximated by the function 

f(x)=650x^2 + 3000x+12,000, where x is the number of five-year intervals since the academic year 1995-96 (so the years in the graph are numbered x=0 through x=3.

a) Use this function to predict tuition (in dollars) in the academic year 2020-21. [Hint: What x-value corresponds to that year?]  $________________

b) Find the derivative of this function for the x-value that you used in part (a). __________________

In 2020-2021, private college tuition will be increasing or decreasing by $_________ every 5 years.

c) From your answer to part (b), estimate how rapidly tuition will be increasing per year in 2020-21. (Enter your answer in dollars per year)

$____________ /year

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Knowledge Booster
Asymptote
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning
Thomas' Calculus (14th Edition)
Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman
Precalculus
Precalculus
Calculus
ISBN:
9780135189405
Author:
Michael Sullivan
Publisher:
PEARSON
Calculus: Early Transcendental Functions
Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning