The equation, , represents the average cost of an education at a private college, where x stands for the number of years after 1990. Using the equation, 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 your solution to the nearest dollar.
Answer

$14,908

$20,628

$15,668

$19,652

Question

The equation, , represents the average cost of an education at a private college, where x stands for the number of years after 1990. Using the equation, 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 your solution to the nearest dollar.
Answer
		
$14,908
		
$20,628
		
$15,668
		
$19,652

anonymous · Answer

I honestly don't know what to do first..

anonymous · Answer

You left out the formula

anonymous · Answer

It would help if you also posted the formula.

anonymous · Answer

The formula is y= 12841(1.01)^x

anonymous · Answer

What you said zordoloom

anonymous · Answer

Wow @zordoloom props. I'm honestly not that smart lol i just like helping when i can

anonymous · Answer

I got y=15668.4603

anonymous · Answer

looks good.

anonymous · Answer

So it C.

anonymous · Answer

BTW, you can derive the equation from the given choices. Yes, it's C