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Financial Technology Center - School of Business - Central Connecticut State University |
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In 1958 the average tuition for one year at an Ivy League school
was $1,800. Thirty years later, in 1988, the average cost was
$13,700. What was the growth rate in tuition over the 30-year period? Financial calculator solution. Inputs: N =30 * 1 . PV=-1800 . PMT = 0 . FV= 13700 . Output: I = ? |
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