CPM Homework Banner
2-74.
  1. Great Amusements Park has been raising its ticket prices every year, as shown in the table below. Homework Help ✎

    Year

    Price

    0

    $50

    1

    $55

    2

    $60.50

    3

    $66.55

    1. What will the price of admission be in year 6?

    2. Describe how the ticket prices are growing.

The price is multiplied by 1.1 each year.

Year 4 = $66.55 · 1.1 = $73.205
Year 5 = $73.205 · 1.1 = $80.5255
Year 6 = $80.5255 · 1.1 = $88.57805 ≈ $88.58

The price will be $88.58 in year 6.

How did you find the price for each subsequent year in part (a)?