SOLUTION: The tuition at a local community college was $2095 in 1992 and $3029 in 1996 find the rate at which the tuition was increasing in dollars per year. for some reason, my brain i

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Question 797399: The tuition at a local community college was $2095 in 1992 and $3029 in 1996
find the rate at which the tuition was increasing in dollars per year.
for some reason, my brain is not seeing this equation anyone that can help would be appreciated

Found 2 solutions by josmiceli, solver91311:
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
The rate is ( change in tuition ) / ( number of years passed )
+%28+3029+-+2095+%29+%2F+%28+1996+-+1992+%29+
+934+%2F+4+=+233.5+
The rate of increase is $233.50 / yr

Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


Use the two-point form:



where and are the coordinates of the given points.

If you set 1990 as year zero, then you can construct your two points as and

The rate in $/year is the slope of the line.

John

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