The tuition at a college was $30,000 in 2012, $31,200 in 2013, and $32,448 in 2014. The tuition has been increasing by the same percentage since the year 2000. The equation c(t) = 30,000 · (1.04) represents the cost of tuition, in dollars, as a function oft, the number of years since 2012. %3D What does c(3) mean in this situation? Find its value and show your reasoning.

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Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.