Name:

Mar 06, 2010 · College tuition and expenses at State U. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. They expect Ellen to graduate in 4 years. (If Ellen wants to go to graduate school, she will be on her own.) Tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11). ................
................