Question

Identify the necessary information and solve.

9) Movie Tickets now average $9.75 a ticket,
but are increasing 15% per year. How
much will they cost 5 years from now?
a. What is your multiplier?
b. Is $9.75 your zero term or first term?
c. Write the explicit equation.
d. Solve.

Answer 1

the correct answer would be d because

Answer 2

a. 0.75 (multiply 15% by # of years, so 15% times 5)

b. first term

c. 9.75 x .15x = increase in price, so

d. 9.75 x .15(5) = 7.3125, then add this # to the original 9.75, so the ticket will cost $17.0625, or $17.06 in 5 years.