Answer
$15582.8$.
Work Step by Step
Using part a), our model is (if $x$ is the number of years passed since the cost yearly was $5200$):
$5200(1+0.116)^x=5200(1.116)^x$.
Plugging in $x=10$ we get: $5200(1.116)^{10}=15582.8$.
Algebra 2 (1st Edition)
by Larson, Ron; Boswell, Laurie; Kanold, Timothy D.; Stiff, Lee
Published by
McDougal Littell
ISBN 10:
0618595414
ISBN 13:
978-0-61859-541-9
Chapter 7 Exponential and Logarithmic Functions - 7.1 Graph Exponential Growth Functions - 7.1 Exercises - Problem Solving - Page 485: 44b
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