To find the number of students who are graduated from 1970 to 2006 use synthetic substitution to evaluate
for
.
.
Dividend is
.
Divisor is
.
Since number of years between 1970 - 2006 is
, the value of
.
Now perform the synthetic substitution method.
\
The remainder is
, so 
.
Check the answer using direct substitution :
\
.
.
.
.
Therefore, rounded to the nearest thousand
students graduated in 2005.