Respuesta :
The compounding tuition fee function's complete expression is,b(x)=33741(1.028)ˣ.
How do you calculate compound interest?
If n is the number of times the interest is compounded each year and r is the yearly rate of compound interest, the final amount after 't' years is:
[tex]a = p(1 + \dfrac{r}{n})^{nt}[/tex]
The function b(x) is expressed as follows:
[tex]\rm b(x) = 33741(1+\frac{0.028}{1} )^x\\\\[/tex]
Where ;
Rate(r)=2.8 percent
Total after x years(b)
Initial amount ( P)= 33741
x represents the number of years since 2015.
Hence, the compounding tuition fee function's complete expression is,b(x)=33741(1.028)ˣ.
To learn more about compound interest;
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