Question

A local college has increased its number of graduates by 4.5% over the previous year for every

year since 1999. In 1999 924 students graduated.
a) Explain why a growth factor b = 1.045 is appropriate for the exponential model of this
situation.
210,0
b) What explicit formula models this situation?
c) Approximately how many students will graduate in 2014?

Answer 1

The answer is b. Hope that helped!