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Bond [772]
3 years ago
13

The equation, y = 12841(1.01)x , represents the average cost of an education at a private college, after 1990. What is the avera

ge cost in 1990 (x = 0)?
A. $12,969
B. $12,841
C. $13,122
D. $13,099
Mathematics
2 answers:
bazaltina [42]3 years ago
8 0

Answer:

Option B is correct.

the average cost in 1990 is, $12,841

Step-by-step explanation:

Given the equation :

y = 12841(1.01)^x          ....[1]

where y represents the he average cost of an education at a private college after 1990 and x be the time in years.

We have to find the average cost in 1990.

⇒x = 0

Substitute in [1] we have;

y = 12841(1.01)^0

Simplify:

y =\$12,841

Therefore, the average cost in 1990 is, $12,841

____ [38]3 years ago
3 0
The average cost in 1990 is <span>$12,841.</span>
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