At Acorn College the tuition has increased 20% for each of the last two years. If tuition this year is $17,280, what was the tuition two years ago? (Round all answers to nearest dollar.)

Question

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1. Find tuition for previous year. B = ?, R = 100% + 20% = 120%, P = 17,280. Take 17,280/1.2 to get 14,400. 2. Find the tuition 2 years ago. B = ?, R = 120%, P = 14,400. Take 14,400/1.2 to get 12,000.

At Acorn College the Tuition Has Increased 20% for Each