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11. [0.33/1 Points] DETAILS PREVIOUS ANSWERS LARAPCALC10 6.1.064. MY NOTES ASK YOUR TEACHE The board of trustees of a college is planning a five-year
11. [0.33/1 Points] DETAILS PREVIOUS ANSWERS LARAPCALC10 6.1.064. MY NOTES ASK YOUR TEACHE The board of trustees of a college is planning a five-year capital gifts campaign to raise money for the college. The goal is to have an annual gift income / that is modeled by -2000(195 + 682-02), osrs where f is the time in years. (Round your answers to two decimal places.) (a) Use a graphing utility to decide whether the board of trustees expect the gift income to increase or decrease over the five-year period. The board of trustees expects the gift income to increase over the five-year period. (b) Find the expected total gift income over the five year period. $1975 (c) Determine the average annual gift income over the five-year period. $ Need Help? Read it Watch Viewing Saved Work Bevert to Last Reso MY NOTES ASK YOUR TEACHI 12. [0.5/1 Points] DETAILS PREVIOUS ANSWERS LARAPCALC10 6.1.076. A professional athlete signs a two-year contract in which the earnings c can be modeled by 2,200,000 + 600,000r, where t represents the year. (a) Find the actual value of the athlete's contract in dollars. $5600000 (b) Assuming an annual inflation rate of 4%, what is the present value of the contract in dollars? (Round your answer to the nearest cent.) $5177514 79
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