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Mathematics 18 Online
OpenStudy (anonymous):

The equation, y=12841(1.01)^x , represents the average cost of an education at a private college, where x stands for the number of years after 1990. What is the average cost in 1990 (x = 0)? a. $12,969 b. $12,841 c. $13,122 d. $13,099

OpenStudy (jamesj):

what is 1.01^0 = ?

OpenStudy (anonymous):

so B ?

OpenStudy (jamesj):

Yes

OpenStudy (jamesj):

...as a^0 = 1 for all positive numbers a

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