Ivy Tech Tuition was $88.15 per credit hour in 2006. Use the CPI values to determine what the school would be charging in 2013 if they only increased tuition based on inflation. (round to the nearest cent)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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Questions 9-10. Use the CPI table below to answer the questions.
Annual CPI values
2003
2004 2005 2006 2007
2008
2009
2010
2011
2012
2013
184.00 188.9 195.3 201.6 207.342 215.303 214.537 218.056 224.939 229.594 232.957
Ivy Tech Tuition was $88.15 per credit hour in 2006. Use the CPI values to determine what the school
would be charging in 2013 if they only increased tuition based on inflation. (round to the nearest cent)
Transcribed Image Text:Questions 9-10. Use the CPI table below to answer the questions. Annual CPI values 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 184.00 188.9 195.3 201.6 207.342 215.303 214.537 218.056 224.939 229.594 232.957 Ivy Tech Tuition was $88.15 per credit hour in 2006. Use the CPI values to determine what the school would be charging in 2013 if they only increased tuition based on inflation. (round to the nearest cent)
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