TOURISM At a town with a large convention center, the cost of a hotel room has increased 5.1% annually.
If the average hotel room cost $48.00 in 1980 and this growth continues, what will an average hotel room
cost in 2012? Use y = a(1 + r)^t and round to the nearest cent.
a. $143.38
h
$235.79
$126 34
d
$87 19