In 2005 the average annual tuition and fees for attending a private college or university was $24000. This cost rose to about $39000 in 2015, as illustrated in the graph. Complete parts a and b.

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In 2005 the average annual tuition and fees for attending a private college or university was $24000. This cost rose to about $39000 in 2015, as illustrated in the graph. Complete parts a and b.
a. Find the slope-intercept form of the line passing through (2005,24000) and (2015,39000).
Interpret the slope.
A. The cost is increased by $
per year, on average.
B. The cost is constant.
O C. The cost is decreased by $
per year, on average.
b. Use the equation to estimate the cost of attending a private college in 2013.
24
P Type here to search
Transcribed Image Text:a. Find the slope-intercept form of the line passing through (2005,24000) and (2015,39000). Interpret the slope. A. The cost is increased by $ per year, on average. B. The cost is constant. O C. The cost is decreased by $ per year, on average. b. Use the equation to estimate the cost of attending a private college in 2013. 24 P Type here to search
(2015,39000),
40,000
35,000-
30,000-
25.000-
20,000- (2005,24000}
15,000-
10,000-
5,000-
2000 2005 2010 2015 2020
Year
Cost (dollars)
Transcribed Image Text:(2015,39000), 40,000 35,000- 30,000- 25.000- 20,000- (2005,24000} 15,000- 10,000- 5,000- 2000 2005 2010 2015 2020 Year Cost (dollars)
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