A college student wishes to compare tuition fee increases during the period 2000 to 2015 to the
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A college student wishes to compare tuition fee increases during the period 2000 to 2015 to the general increase in the cost of living. Tuition increased from $225 per course in the 2000101 academic year to $375 per course in the 2014/15 academic gear. The average CPI rose from 96.1 in 2000 to 127.1 in 2015. What would the tuition fee per course have been in the 2014/15 gear if tuition increases had merely kept pace with inflation during the 15 gears?
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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