The expression that completes the function b(x) is b(x) = 33741 * (1.028)^x
The given parameters are:
Initial value, a = 33741
Rate, r = 2.8%
The cost of tuition each year since 2015 is represented as
B(x) = a * (1 + r)^x
This gives
B(x) = 33741 * (1 + 2.8%)^x
Evaluate
b(x) = 33741 * (1.028)^x
Hence, the expression that completes the function b(x) is b(x) = 33741 * (1.028)^x
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Complete question
A study estimates that the cost of tuition at a university will increase by 2.8% each year. The cost of tuition at the University in 2015 was $33,741 the function b(x) , models the estimated tuition cost , where x is the number of years since 2015.
Find the expression that completes the function b(x)
