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In 2009, Internationale Outstanding University (IOU) had an enrollment of 26,054 undergraduates, each of whom paid $6,082 per year in tuition. In 2010, enrollment was
In 2009, Internationale Outstanding University (IOU) had an enrollment of 26,054 undergraduates, each of whom paid $6,082 per year in tuition. In 2010, enrollment was 28,151 students, and tuition was raised 5.4%. In 2011, IOU received $186.8M in revenue from student tuition, and enrollment was 27,532 students. In 2012, it is estimated that tuition will be $6,915 and IOU needs to receive 4.5% more total revenue from tuition than in 2011. ADMISSIONS What is the revenue goal (in $M) for 2012? TUTORIAL 0.0 $ Million CALCULATED VARIABLES: PS1 1 2 3 4 5 6 7 8 SUBMIT ANSWER EXIT 11g = 0.059 (5.9%) 11t = $6,785 10t = $6,410 growth = 2,097
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