In 1981 the average tuition for one year at a certain state school was $1,800. Thirty years later, in 2011, the average cost was $13,700.
What was the growth rate in tuition over the 30-year period?

Growth rates is define as the proportional change of a specific variable over a specific period of time, with reference to an earlier period. It is used to measure the cooperativeness of a system or a economy.

Growth rates =( final value- initial value)/ initial value * 100

Growth rates = ($13,700 - $1,800)/$1,800 *100

=661.11 %

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zanyahtoney15 zanyahtoney15 · Answer 2 · 2020-03-31T20:44:04+02:00

zanyahtoney15 zanyahtoney15

31-03-2020

Answer:

5%

Explanation:

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In 1981 the average tuition for one year at a certain state school was $1,800. Thirty years later, in 2011, the average cost was $13,700. What was the growth rate in tuition over the 30-year period?

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In 1981 the average tuition for one year at a certain state school was $1,800. Thirty years later, in 2011, the average cost was $13,700.
What was the growth rate in tuition over the 30-year period?