4
QuizMultiple Choice
Summation Notation
Question 4 • TX-Pre-Calculus
Derrick’s parents are finalizing a budget for his college expenses. His first year of college will cost $8,000, and his expenses will increase by 12% each year. Which statement is correct regarding the amount they should budget for Derrick’s four-year college education, to the nearest dollar?
Answer
A
They should use to find that $38,235 is needed.
B
They should use to find that $42,823 is needed.
C
They should use to find that $32,072 is needed.
D
They should use to find that $39,200 is needed.