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The tuition is an illustration of a linear function.
The cost of tuition and fees in the academic year 2023-2024, is $12260
Let the number of academic years after 2014-2015 academic year be x.
So, we have:
A linear function is represented as:
Where m represents the slope (i.e. constant rate), and b represents the y-intercept (i.e. the value of y when x = 0)
So, we have:
Subtract 9200 from both sides
Divide both sides by 5
So, we have:
The function becomes
In the academic year 2023-2024, x = 9.
So, we have:
Hence, the cost of tuition and fees is $12260
Read more about linear functions a: