Question

In 1990 the average cost for one year at a certain school was $1,800. Thirty years later, in 2020, the average cost was $13,700. What was the growth rate in cost over the 30-year period? Question 8Answer a. 12% b. 9% c. 6% d. 7% e. 8%

Name: in 1990 the average cost for one year at a certain school was 1800 thirty years later in 2020 the average cost was 13700 what was the growth rate in cost over the 30 year period question 8an 33903
Uploaded: 2022-04-19T03:38:17-08:00
Duration: 1 min 21 s
Channel: Narayan Hari
Description: in 1990 the average cost for one year at a certain school was 1800 thirty years later in 2020 the average cost was 13700 what was the growth rate in cost over the 30 year period question 8an 33903

          In 1990 the average cost for one year at a certain school was $1,800. Thirty years later, in 2020, the average cost was $13,700. What was the growth rate in cost over the 30-year period?
Question 8Answer
a.
12%
b.
9%
c.
6%
d.
7%
e.
8%

Added by Jose Ramon C.

Elementary and Intermediate Algebra

Alan S. Tussy, R. David Gustafson 5th Edition

Instant Answer

Solved by Expert Narayan Hari

04/19/2022

Step 1

- Initial cost (C0) = $1,800 (in 1990) - Final cost (C30) = $13,700 (in 2020) Show more…

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In 1990 the average cost for one year at a certain school was $1,800. Thirty years later, in 2020, the average cost was $13,700. What was the growth rate in cost over the 30-year period? Question 8Answer a. 12% b. 9% c. 6% d. 7% e. 8%