A college student wishes to compare tuition fee increases during the period 2000 to 2012 to the general increase in the cost of living. Tuition increased from $345 per course in the 2000/2001 academic year to $515 per course in the 2012/2013 academic year. The CPI rose from 95.4 at the end in 2000 to 121.7 at the end of 2012. What would tuition fee per course have been in the 2012/13 year if tuition increases had merely kept pace with inflation during the 12 years?

Question

Quizplus · Accepted Answer

The Answer of A college student wishes to compare tuition fee increases during the period 2000 to 2012 to the general increase in the cost of living. Tuition increased from $345 per course in the 2000/2001 academic year to $515 per course in the 2012/2013 academic year. The CPI rose from 95.4 at the end in 2000 to 121.7 at the end of 2012. What would tuition fee per course have been in the 2012/13 year if tuition increases had merely kept pace with inflation during the 12 years?

A College Student Wishes to Compare Tuition Fee Increases During