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QUESTION

10) The average annual tuition and fees at all 4-year institutions in the US in 1982 was $10,385 and in 2012 was $ 23,872.

10) The average annual tuition and fees at all 4-year institutions in the US in 1982 was $10,385 and in 2012 was $ 23,872. Let y be the average tuition and fees in the year x, where x = 0 represents the year 1982. a) Write linear equation, in slope-intercept form, that models the growth in average tuition and fees at all 4-year institutions in the US in terms of the year x. b) Use this equation to predict the average tuition and fees at 4-year institutions in the US in the year 2030. c) Explain what the slope of this line means in the context of the problem.

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