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18 July, 02:49

The cost of tuition at a college is $12,000 and is increasing at a rate of 6% per year; 4 years.

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  1. 18 July, 03:05
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    Answer: $2880

    Step-by-step explanation:

    I = P • r • t

    I = 12000 • 0.06 • 1460/365 (I used 1340/365 because there are 365 days in a year. 4 years = 1460)

    I = 2880
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