About 1/3 of Newhampton's students live on-campus, while the other 2/3 live off- campus. The campus leadership estimates that the college earns $10, 000 in tuition and fees for every off-campus student and $15,000 in tuition and fees per on-campus student. Using your answer from the previous question, project the net change in revenue |from tuition and fees over the 2025-2030 time period.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
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From 2025 to 2030 there is a net change of 1067 students.

(t=0 corresponding to the current year, 2020)

t=15, there are 9500 students enrolled

About 1/3 of Newhampton's students live on-campus, while the other 2/3 live off-
campus. The campus leadership estimates that the college earns $10,000 in tuition
and fees for every off-campus student and $15, 000 in tuition and fees per on-campus
student. Using your answer from the previous question, project the net change in revenue
from tuition and fees over the 2025-2030 time period.
Transcribed Image Text:About 1/3 of Newhampton's students live on-campus, while the other 2/3 live off- campus. The campus leadership estimates that the college earns $10,000 in tuition and fees for every off-campus student and $15, 000 in tuition and fees per on-campus student. Using your answer from the previous question, project the net change in revenue from tuition and fees over the 2025-2030 time period.
The projected rate of increase in enrollment at Newhampton College is estimated
by
dE
5000(t + 1)-3/2,
dt
%3D
where E(t) is the projected enrollment in t years (t > 0).
Transcribed Image Text:The projected rate of increase in enrollment at Newhampton College is estimated by dE 5000(t + 1)-3/2, dt %3D where E(t) is the projected enrollment in t years (t > 0).
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