In 1985, the cost of tuition at Colorado State University was $5,000 per year for tuition, room and board. In 1990 the cost for tuition, room and board at the same school was $7,300 per year. In 1995 it was $12,300 per year. What will be the cost for tuition in the year 2000? 2005? 2020?
Can you write a recursive formula to predict the future cost of college?
Your group must have strong reasoning and evidence to support your predictions.