If someone could help me figure out how to find the solution for the second year? When I do it, I put 10,440 x (1.23) and get 12841 when rounded to a whole number. But that’s not correct. SavedBCICI LU UIC UuI UCIC L CIUN.FRONT PAGECollege Tuition Up AgainCollege gets more expensive-again. In-state tuition at public four-year collegesrose 2.3 percent in 2019-2020, to an average of $10,440 per year. Out-of-statestudents paid an average of $26,820 to attend.Private four-year colleges also saw even bigger price hikes: 3.4 percent-to anaverage of $36,880. Tuition prices have been outpacing general inflation rates formany years.Source: The College Board.If tuition keeps increasing at the same rate as in 2019-2020, how much will it cost to complete a degree in four years (2019-2023) ifyou are an in-state student at a public college?Hint: Future value = Present value x (1 +owth ines)Next year's tuition = This year's tuition x (1+ Growth in prices)Instructions: Round your responses to the nearest whole dollar. If a year of college is not attended, enter "0." For example, if you areprompted to calculate completing a degree in 4 years, enter "O" for the fifth year.Tuition first year (2019-2020)Tuition second year (2020-2021)Tuition third year (2021-2022)Tuition fourth year (2022-2023)Tuition fifth year (2023-2024)Total tuition10440$2$242$$< Prev8 of 10Next >MacBook AirDDDIIF10F980888FBF7F6F5F4F3F2&232$7WKFS* 00< coDI

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Home Saved CICI LU UIC uI UCIC LUCIUN. FRONT PAGE College Tuition Up Again College gets more expensive-again. In-state tuition at public four-year colleges rose 2.3 percent in 2019–2020, to an average of $10,440 per year. Out-of-state students paid an average of $26,820 to attend. Private four-year colleges also saw even bigger price hikes: 3.4 percent-to an average of $36,880. Tuition prices have been outpacing general inflation rates for many years. Source: The College Board.

Home Saved CICI LU UIC uI UCIC LUCIUN. FRONT PAGE College Tuition Up Again College gets more expensive-again. In-state tuition at public four-year colleges rose 2.3 percent in 2019–2020, to an average of $10,440 per year. Out-of-state students paid an average of $26,820 to attend. Private four-year colleges also saw even bigger price hikes: 3.4 percent-to an average of $36,880. Tuition prices have been outpacing general inflation rates for many years. Source: The College Board.

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

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