At a certain state-supported university, annual tuition and fees have risen dramatically in recent years as shown in the table
a. If all tuition and fees are paid at the beginning of each academic year, what is the compound annual rate of increase from 1982 to 2005?
b. What is the annual rate of increase from 1993 to 2005?
c. How do the increases in Parts (a) and (b) compare with the CPI for the same period of time?
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