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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.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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.
Saved BCICI LU UIC UuI UCIC L CIUN. 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. 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) if you are an in-state student at a public college? Hint: Future value = Present value x (1 + owth in es) 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 are prompted 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 tuition 10440 $ 2$ 24 2$ $ < Prev 8 of 10 Next > MacBook Air DD DII F10 F9 80 888 FB F7 F6 F5 F4 F3 F2 & 23 2$ 7 W K F S * 00 < co DI
Transcribed Image Text:Saved BCICI LU UIC UuI UCIC L CIUN. 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. 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) if you are an in-state student at a public college? Hint: Future value = Present value x (1 + owth in es) 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 are prompted 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 tuition 10440 $ 2$ 24 2$ $ < Prev 8 of 10 Next > MacBook Air DD DII F10 F9 80 888 FB F7 F6 F5 F4 F3 F2 & 23 2$ 7 W K F S * 00 < co DI
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