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The yearly tuition cost at a specific university in California has been increasing exponential rate. In 1990, the yearly tuition cost was $5700. In
The yearly tuition cost at a specific university in California has been increasing exponential rate. In 1990, the yearly tuition cost was $5700. In 2007 (17 years later), the yearly tuition cost was $12,400. The yearly tuition cost can be modeled by the formula P=Ce", where I measures the number of years since 1990. (A) Use the data points to determine the value of k in the formula P=Ce". Use 6 decimal places for the value of k. (Do not round any decimals in the middle of your solution.) (B) Write the formula using your value of k. This means your formula P=Ce" should have the constants C and k plugged in. (C) Use your formula from part (B) to determine the year when the tuition cost will first reach $30,000. ro cure you state the year, not just the number of years it will
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