HELLLP!!!!I have to do an math project.I need to find out the average cost to attend this school per year at a 3% increase for inflation.The year for :
2013-2014: $45,324
2011-2012: $43,780
2010-2011: $41,853
2009-2010: $39,381
2008-2009: $38,492

Question

HELLLP!!!!I have to do an math project.I need to find out the average cost to attend this school per year at a 3% increase for inflation.The year for :
2013-2014:     $45,324
2011-2012:    $43,780	
2010-2011:	$41,853
2009-2010:	 $39,381	 
2008-2009:	 $38,492

anonymous · Answer

help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

anonymous · Answer

please!!!!!!!!!!!!!!!

anonymous · Answer

somebody help!!!!!!!!!

anonymous · Answer

i will give a medal.

agent0smith · Answer

The average over the five years, would just be the sum of all the $ amounts, divided by the five years.

agent0smith · Answer

I thought it already showed the increase of 3% per year...

agent0smith · Answer

This doesn't make a lot of sense. Why do they list different $ amounts per year, if you're supposed to adjust for inflation?

agent0smith · Answer

I'd post the original question, because that seems odd.

agent0smith · Answer

Do you multiply each year by 1.03?

^^

agent0smith · Answer

"I need to find out the average cost to attend this school per year at a 3% increase for inflation.The year for: "

^that doesn't make a lot of sense, though.

agent0smith · Answer

Do you multiply each year by 1.03?

that's how.

agent0smith · Answer

But the question doesn't make sense. Are you meant to find the average, or find the average adjusted for inflation...?

agent0smith · Answer

Okay, then do as you said.