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30 December, 15:08

Johanna's grandmother gives her $9,000 to pay for the entire first year's tuition at a state college, a year from now. johanna puts the money into her checking account, but during the next year, inflation is 10% and the tuition of her college increases with inflation. how much additional money must johanna come up with to pay her tuition?

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  1. 30 December, 15:19
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    900$ Because the inflation is just a markup of the fee
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