The tuition is an illustration of a linear function.
The cost of tuition and fees in the academic year 2023-2024, is $12260
Let the number of academic years after 2014-2015 academic year be x.
So, we have:
[tex]\mathbf{(x,y) \to (0,9200)(5,10900)}[/tex]
A linear function is represented as:
[tex]\mathbf{y = mx + b}[/tex]
Where m represents the slope (i.e. constant rate), and b represents the y-intercept (i.e. the value of y when x = 0)
So, we have:
[tex]\mathbf{10900 = 5m + 9200}[/tex]
Subtract 9200 from both sides
[tex]\mathbf{1700 = 5m}[/tex]
Divide both sides by 5
[tex]\mathbf{340 = m}[/tex]
So, we have:
[tex]\mathbf{m =340 }[/tex]
The function becomes
[tex]\mathbf{y = mx + b}[/tex]
[tex]\mathbf{y = 340x + 9200}[/tex]
In the academic year 2023-2024, x = 9.
So, we have:
[tex]\mathbf{y = 340x + 9200}[/tex]
[tex]\mathbf{y = 340 \times 9 + 9200}[/tex]
[tex]\mathbf{y = 3060 + 9200}[/tex]
[tex]\mathbf{y = 12260}[/tex]
Hence, the cost of tuition and fees is $12260
Read more about linear functions a:
https://brainly.com/question/21107621
