document.write( "Question 955484: The average cost of college at 4-year private colleges was $29,026 in 2005. This was a 5.5 % increase from the previous year. If the cost of college increases by 5.5 % each year, what will be the average cost of college at a 4-year private college in 2011? \n" ); document.write( "

Algebra.Com's Answer #583722 by josmiceli(19441) $\"\"$ $\"About$

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For now, say the cost was $\"+c+\"$ in 2005
\n" ); document.write( "2006:
\n" ); document.write( " $\"+c+%2B+.055c+\"$
\n" ); document.write( "2007:
\n" ); document.write( " $\"+%28+c+%2B+.055c+%29+%2B+.055%2A%28+c+%2B+.055c+%29+\"$
\n" ); document.write( " $\"+%28+c+%2B+.055c+%29%2A%28+1+%2B+.055+%29+\"$
\n" ); document.write( " $\"+c%2A%28+1+%2B+.055%29%5E2+\"$
\n" ); document.write( "---------------------------
\n" ); document.write( "From 2005 to 2011 is $\"+6+\"$ yrs
\n" ); document.write( " $\"+29026%2A%28+1+%2B+.055+%29%5E6+\"$
\n" ); document.write( " $\"+29026%2A1.055%5E6+\"$
\n" ); document.write( " $\"+29026%2A1.37884+=+40022.21+\"$
\n" ); document.write( "------------------------------
\n" ); document.write( "In 2011, the average cost is:
\n" ); document.write( "$40,022.21 \n" ); document.write( "

\n" );