Tuition at a University rose from $1,500/year in 1962 to $25,000/year in 2010.
a. What exponential growth rate characterized that period of time?
b. If that rate of growth were to continue until 2050 (when your children might be paying tuition), what would the tuition be?
What will be an ideal response?
(a) Use Equation 1.8 and solve for k
(b)
You might also like to view...
The ____________________ circuit allows only one path of current flow through the circuit.
Fill in the blank(s) with the appropriate word(s).
How much power is dissipated by an electric oven if 30 A flows through a resistance of 10 ohms?
A. 9.2 W B. 7.52 kW C. 9 kW D. 9000 kW
The total dry weight of an organism is its _____________
Fill in the blank(s) with the appropriate word(s).
Cost analysis is comparing _____
a. projected costs to work performed b. material costs and equipment costs c. labor costs and subcontractor costs d. actual cost and projected costs