Question

The tuition for a state resident to attend a particular state college is $8000 this year. The tuition is expected to increase 6.25% per year for the next 5 years. Write an equation to represent the situation.

Answer 1

Answer:

f(t)=8000e^(0.0625)(5)

Step-by-step explanation:

exponential growth function is f(t)=Pe^(rt)

where P is starting value, or price

e is the e on you calculator

r is rate of increase, in this case 6.25/100 is 0.0625, which is the rate

t is the time given

Hope this helps, also had this on my math hw today lol :)

Answer 2

Answer:

8,000^0.0625=5

Step-by-step explanation:

Lol I was doing my homework rn and I wasn't 100% sure of my answer so I looked it up on brainly. So an exponential equation should look like this e^a=b so with the three values $8,000 , 6.25% , and 5 years I kind of just mixed around the numbers a bit in the exponential equation till one worked. So yeah...