Question: In 1 9 9 0 the average tuition for one year at a 4 - year institution was $ 3 , 5 0 0 .

In 1990 the average tuition for one year at a 4-year institution was $3,500. Twenty years later, in 2010, it had risen to $24,500. What was the growth rate in tuition over this 20-year period?12.73%11.52%10.22%9.42%8.53%

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