The admission team at a new university are trying to predict the number of student applications they will receive each year. Let n be the number of years that the university has been open. The admissions team collect the following data for the first two years. Number of applications received in year n Year (n) 1 12300 2 12669 It is assumed that the number of students that apply to the university each year will follow a geometric sequence, un. In the first year there were 10380 places at the university available for applicants. The admissions team announce that the number of place available will increase by 600 every year. Let vn, represent the number of places available at the university in year n. For the first 10 years that the university is open, all places are filled. Students who receive a place each pay an $80 acceptance fee. When n = k, the number of places available will, for the first time, exceed the number of students applying. ate the percentage... MY for the her of student appo ******** c) Write down an expression for V₁. d) Calculate the total amount of acceptance fees paid to the university in the first 10 years. e) Find k f) State whether, for all n>k, the university will have places available for all applicants. Justify your answer.

Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter7: Eigenvalues And Eigenvectors
Section7.CM: Cumulative Review
Problem 30CM
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Can someone please help with c-f? Thank you.
11:18:
Warm up 10/17 - 10/21
Warm up Monday (10/17)
The admission team at a new university are trying to predict the number of student applications
they will receive each year. Let n be the number of years that the university has been open. The
admissions team collect the following data for the first two years.
Year (n)
Number of applications received in year n
12300
12669
+
It is assumed that the number of students that apply to the university each year will follow a
ometric sequence, un. In the first year there were 10380 places at the university available for
applicants. The admissions team announce that the number of place available will increase by
600 every year. Let vn, represent the number of places available at the university in year n. For
the first 10 years that the university is open, all places are filled. Students who receive a place
each pay an $80 acceptance fee. When nk, the number of places available will, for the first
time, exceed the number of students applying.
ate the percentage
b)
T /
for 11₂
her of student applou
c) Write down an expression for V
d) Calculate the total amount of acceptance fees paid to the university in the
first 10 years.
e) Find k
f) State whether, for all n>k, the university will have places available for all
applicants. Justify your answer.
Add a caption...
> mo
Transcribed Image Text:11:18: Warm up 10/17 - 10/21 Warm up Monday (10/17) The admission team at a new university are trying to predict the number of student applications they will receive each year. Let n be the number of years that the university has been open. The admissions team collect the following data for the first two years. Year (n) Number of applications received in year n 12300 12669 + It is assumed that the number of students that apply to the university each year will follow a ometric sequence, un. In the first year there were 10380 places at the university available for applicants. The admissions team announce that the number of place available will increase by 600 every year. Let vn, represent the number of places available at the university in year n. For the first 10 years that the university is open, all places are filled. Students who receive a place each pay an $80 acceptance fee. When nk, the number of places available will, for the first time, exceed the number of students applying. ate the percentage b) T / for 11₂ her of student applou c) Write down an expression for V d) Calculate the total amount of acceptance fees paid to the university in the first 10 years. e) Find k f) State whether, for all n>k, the university will have places available for all applicants. Justify your answer. Add a caption... > mo
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