document.write( "Question 330549: At a town with a large convention center, the cost of a hotel room has increased 5.1% annually. If the average hotel room cost $48.00 in 1980 and this growth continues, what will an average hotel room cost in 2012? Use y= a(1 + r)^t and round to the nearest cent. \n" ); document.write( "

Algebra.Com's Answer #237042 by checkley77(12844) $\"\"$ $\"About$

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32=48(1+.051)^32
\n" ); document.write( "32=48(1.051)^32
\n" ); document.write( "32=48*4.9123=$235.79 cost of a hotel room in 2012 \n" ); document.write( "

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