The number of students enrolled at a college is 17 comma 000 and grows 6% each year. Complete parts (a) through (e).
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Part 1
a) The initial amount a is
17,000.
Part 2
b) The percent rate of change is 6%, so the growth factor b is 1plus
0.06equals
1.06.
Part 3
c) To find the number of students enrolled after one year, you calculate 17 comma 000times
1.06.
Part 4
d) Complete the equation yequals17,000 times 1.06 Superscript x
to find the number of students enrolled after x years.
Part 5
e) Use your equation to predict the number of students enrolled after 25 years.
After 25 years, there will be
enter your response here students enrolled.
(Round to the nearest whole number as needed.)