4. The enrollment at a college in 2015 was 4000 students and it increases by 5% per year, a. Give a formula for the enrollment in k year time.  b. What is the enrollment in 2020?  c. Approximately how many students in total would have enrolled in this 5-year period?  d. How long would it take to have an enrollment of approximately 15,000 students?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
icon
Related questions
icon
Concept explainers
Topic Video
Question

4. The enrollment at a college in 2015 was 4000 students and it increases by 5% per year,
a. Give a formula for the enrollment in k year time. 
b. What is the enrollment in 2020? 
c. Approximately how many students in total would have enrolled in this 5-year period? 
d. How long would it take to have an enrollment of approximately 15,000 students?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College