The equation, y = 12841(1.01)x , represents the average cost of an education at a private college, after 1990. What is the average cost in 1990 (x = 0)? A. $12,969 B. $12,841 C. $13,122 D. $13,099 Wouldnt the answer be A? (:

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The equation, y = 12841(1.01)x , represents the average cost of an education at a private college, after 1990. What is the average cost in 1990 (x = 0)? A. $12,969 B. $12,841 C. $13,122 D. $13,099 Wouldnt the answer be A? (:

Mathematics
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12841
assuming this is \[12841(10.1)^x\]
i mean \[12841(1.01)^x\]

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No, its 1.01
ya lol
\[(1.01)^0=1\] so you just get the number in front
Right.
Which is what i did then i multiplied and got 12969.41 .... i must have mis calculated hold on i will try again
hold on multiplied by what? 1 times any number is just that number.
but isnt it 1.01 not 1?
oh no. anything to the power of zero is 1
you have \[12841(1.01)^x\] i am fairly sure the x is in the exponent. this is growth of 1% per year. when you replace x by 0 you get what you started with, which is the number out front, because \[(1.01)^0=1\]
Ahhh i see now (: Thank you!!!
welcome
hey poplak come look at the cool problem i did :)

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