The average annual cost (tuition, fees, and room and board) at four-year private universities rose from $6,566 in 1980 to $29,188 in 2004. Calculate the percentage rise in cost from 1980 to 2004, and compare it to the overall rate of inflation as measured by the Consumer Price Index. The Consumer Price Index for 1980 is 85.4 and the Consumer Price index for 2004 is 188.6. The percentage rise in cost from 1980 to 2004 is %. (Round to the nearest tenth as needed.)
The average annual cost (tuition, fees, and room and board) at four-year private universities rose from $6,566 in 1980 to $29,188 in 2004. Calculate the percentage rise in cost from 1980 to 2004, and compare it to the overall rate of inflation as measured by the Consumer Price Index. The Consumer Price Index for 1980 is 85.4 and the Consumer Price index for 2004 is 188.6. The percentage rise in cost from 1980 to 2004 is %. (Round to the nearest tenth as needed.)
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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
Transcribed Image Text:The average annual cost (tuition, fees, and room and board) at four-year private universities rose from $6,566 in 1980 to $29,188 in 2004. Calculate the percentage rise in cost from
1980 to 2004, and compare it to the overall rate of inflation as measured by the Consumer Price Index. The Consumer Price Index for 1980 is 85.4 and the Consumer Price index for
2004 is 188.6.
The percentage rise in cost from 1980 to 2004 is %.
(Round to the nearest tenth as needed.)
C
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