Using the equation, y = 12841(1.01)x, predict the cost of an education in a private college in the year 2010. Use x = 20 as this is 20 years after 1990. Round to the nearest year.

A. $14,908
B. $20,628
C. $15,668
D. $19,652

Question

Using the equation, y = 12841(1.01)x, predict the cost of an education in a private college in the year 2010. Use x = 20 as this is 20 years after 1990. Round to the nearest year.

A. $14,908
B. $20,628
C. $15,668
D. $19,652

anonymous · Answer

Option C
You probably didn't get any replies because you wrote it as 1.01 multiplied by x
To write it as raised to the power of x put it as 1.01 ^ x