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In 1996 the cost of tuition per credit for instate students at MSU was $137. In 2016 the cost was $469 per credit. (a) Find an exponential growth model, A = A_0 e^kt, that models this data for years after 1996. Round the k value in your formula to four decimal places. (b) Using the data given in the problem, find the average rate of change during this time period. Round your answer to the nearest dollar. Be sure to include labels with your answer. Show transcribed image text
In 1996 the cost of tuition per credit for instate students at MSU was $137. In 2016 the cost was $469 per credit. (a) Find an exponential growth model, A = A_0 e^kt, that models this data for years after 1996. Round the k value in your formula to four decimal places. (b) Using the data given in the problem, find the average rate of change during this time period. Round your answer to the nearest dollar. Be sure to include labels with your answer.
Show transcribed image text Nelly StrackeLv2
13 Apr 2019