Question
In 1958 the average tuition for one year at an Ivy League school was $1,500. Thirty years later, in 1988, the average cost was $15,000.
In 1958 the average tuition for one year at an Ivy League school was $1,500. Thirty years later, in 1988, the average cost was $15,000. What was the annual growth rate in tuition over the 30-year period?
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Lessons In Corporate Finance
Authors: Paul Asquith, Lawrence A. Weiss
2nd Edition
1119537835, 978-1119537830
