Question: Can someone explain this with the answer step by step 22. From 1990 to 2000 the student tuition at a University grew from $12,000 to

Can someone explain this with the answer step by step

22. From 1990 to 2000 the student tuition at a University grew from $12,000 to $18,000. (a) Using the exponential growth model, determine r, the annual rate of increase for the population as a decimal accurate to 3 places (b) Assuming the same growth rate use r found in Part (a) above, find in what year (to the nearest year) the tuition of Rutgers will reach $30,000.

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