mustang1111111
Apr 23, 2012, 12:53 PM
Annual college tuition increases since 1970. In 2000-2001 year tuition in 4yr university increased to $3506. 1st is this an arithmetic or geometric problem.
2nd-Assuming that the rate of tuition increase remains the same. Find average annual tuition at a 4yr university for 2006-2007 yr. Let n=1 to represent 2000-2001 yr and r=1.045
2nd-Assuming that the rate of tuition increase remains the same. Find average annual tuition at a 4yr university for 2006-2007 yr. Let n=1 to represent 2000-2001 yr and r=1.045