Write any formula you use, and explain how you arrive at the answer in your own words.

Write the name of any financial function you use, the inputs to it, and your input entries so I can understand how you got to your solution.

1- In 1958 the average tuition for one year at a West Coast college was $1,800. Thirty years later, in 1988, the average cost was $13,700. What was the growth rate in tuition over the 30-year period?