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Mathematics 15 Online
OpenStudy (anonymous):

The equation, y = 12841(1.01)^x , represents the average cost of an education at a private college, after 1990. What is the average cost in 1990 (x = 0)?

OpenStudy (eyust707):

what is 1.01^0?

OpenStudy (anonymous):

its 1.01^x

OpenStudy (eyust707):

yes but in 1990 x=0.. so they want to know what that equals when x is 0

OpenStudy (eyust707):

y = 12841 (1.01)^0 = ???

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