Answer:
$229673.215
Step-by-step explanation:
Given : The price of attending Big Benefits University is $42,000 a year, including tuition, fees, books, and foregone earnings
To Find : what is the marginal cost of attending, if it takes you 5 years to graduate, and you assume a 3% annual inflation rate?
Solution:
Principal = $42000
Time = 5 years
Rate = 3% = 0.03
Formula : 
So , Marginal cost = 43260+44557.8+45894.534+47271.370+48689.511
Marginal cost = $229673.215
Hence the marginal cost of attending, if it takes you 5 years to graduate, and you assume a 3% annual inflation rate is $229673.215
Answer:
Step-by-step explanation:
Exponential growth function is 
Where 'a' is the initial population
r is the rate of growth and x is the time period in years
a steady population of 32,000. So initial population is 32,000
an increase of 8% per year. the rate of increase is 8% that is 0.08
a= 32000 and r= 0.08
Plug in all the values in the general equation
Answer: x =104
Step-by-step explanation:
If we draw the black line shown in the figure, two isosceles triangles are formed, and the base angles of the isosceles triangles are the same. The red angles are the same and the green ones too. The 104 degree angle is the sum of the red angle and the green angle, and x is also the sum of the red angle and the green angle, therefore x = 104.
Answer:
$6500
Step-by-step explanation:
Let the amount of money invested by Lian be $x
Interest rate = 5.2% per year
interest earned in first year will be 5.2% of amount of money invested by Lian .
(note: since in first year there will be no interest accrued on interest so interest for first year is simple interest )
interest earned in one year if money invested by Lian is $x
= 5.2% of $x (1)
But , it is given in one year she received interest of 338 dollars
so, 338 dollars must be equal to 5.2% of $x
equating $338 with 5.2% of $x , we have
5.2% of x = 338
=> (5.2/100) * x = 338
=>5.2 x = 338*100
=> x = 33800/5.2 = 6500.
Thus, amount of money Lian invested is $6500.
