Question: In 1995 the average tuition for one year at a 4-year institution was $4,700. Twenty five years later, in 2020 , it had risen to

 In 1995 the average tuition for one year at a 4-year

In 1995 the average tuition for one year at a 4-year institution was $4,700. Twenty five years later, in 2020 , it had risen to $24,400. What was the growth rate in tuition over this 25 -year period? 7.22%6.96%7.12%6.81%7.03%

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