College gets more expensive - again. tuition at public four-year colleges rose 2.9 percent this year, to an average of $8,893 per year. out-of-state students pay an average of $22,203 to attend. private four-year colleges also saw tuition increases of 2.9 percent - to an average of $30,094. these tuition hikes come on the heels of a 4.5 percent jump in 2012-13 and 8.5 percent in 2011-12. tuition prices have been outpacing general inflation rates for many years. source: the college board if tuition for private four-year colleges was $10,337 in 2010-2011, how much was it in: instructions: enter your responses rounded to two decimal places. (a) 2011-12? $ (b) 2012-13? $ (c) 2013-14? $

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Griffin Salazar

Business

17 March, 17:26

College gets more expensive - again. tuition at public four-year colleges rose 2.9 percent this year, to an average of $8,893 per year. out-of-state students pay an average of $22,203 to attend. private four-year colleges also saw tuition increases of 2.9 percent - to an average of $30,094. these tuition hikes come on the heels of a 4.5 percent jump in 2012-13 and 8.5 percent in 2011-12. tuition prices have been outpacing general inflation rates for many years. source: the college board if tuition for private four-year colleges was $10,337 in 2010-2011, how much was it in: instructions: enter your responses rounded to two decimal places. (a) 2011-12? $ (b) 2012-13? $ (c) 2013-14? $

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Kymani Harrington · Answer 1

Use the percent increases for each year to calculate the increase, then add that to the new amount each year.

Starting amount: 2010-2011 $10.337

a) $11,215.65

8.5% jump in 2011-2012

8.5% * 10,337 = 878.65

$10337+878.65 = $11,215.65

b) $11,720.36

New amount 11,215.65 + 4.5% jump in 2012-2013

4.5% * 11215.65 = 504.71

504.71+11215.65 = $11,720.36

c) $ 12,060.25

New amount 11720.36 + 2.9% jump

2.9% * 11,720.36 = 339.89

339.89 + 11720.36 = 12,060.25