e board of trustees of a college is planning a five-year capital gifts campaign to raise money for the college. The goal is to have an annual t income I that is modeled by I = 2000( 355 + 69te¬0.2t) 0sts 5 ere t is the time in years. (Round your answers to two decimal places.) (a) Use a graphing utility to decide whether the board of trustees expect the gift income to increase or decrease over the five-year period. The board of trustees expects the gift income to increase over the five-year period. (b) Find the expected total gift income over the five-year period. $ (c) Determine the average annual gift income over the five-year period. 2$

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  •  Find the expected total gift income over the five-year period.
  • Determine the average annual gift income over the five-year period.
The board of trustees of a college is planning a five-year capital gifts campaign to raise money for the college. The goal is to have an annual
gift income I that is modeled by
I = 2000( 355 + 69te¬0.2t),
0 st< 5
where t is the time in years. (Round your answers to two decimal places.)
(a) Use a graphing utility to decide whether the board of trustees expect the gift income to increase or decrease over the five-year
period.
The board of trustees expects the gift income to increase
over the five-year period.
(b) Find the expected total gift income over the five-year period.
$
(c) Determine the average annual gift income over the five-year period.
Transcribed Image Text:The board of trustees of a college is planning a five-year capital gifts campaign to raise money for the college. The goal is to have an annual gift income I that is modeled by I = 2000( 355 + 69te¬0.2t), 0 st< 5 where t is the time in years. (Round your answers to two decimal places.) (a) Use a graphing utility to decide whether the board of trustees expect the gift income to increase or decrease over the five-year period. The board of trustees expects the gift income to increase over the five-year period. (b) Find the expected total gift income over the five-year period. $ (c) Determine the average annual gift income over the five-year period.
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