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In 2009, Internationale Outstanding University (IOU) had an enrollment of 25,422 undergraduates, each of whom paid $6,461 per year in tuition. In 2010, enrollment was
In 2009, Internationale Outstanding University (IOU) had an enrollment of 25,422 undergraduates, each of whom paid $6,461 per year in tuition. In 2010, enrollment was 26,355 students, and tuition was raised 5.8%. In 2011, IOU received $186.8M in revenue from student tuition, and enrollment was 28,134 students. In 2012, it is estimated that tuition will be $7,011 and IOU needs to receive 5.7% more total revenue from tuition than in 2011. ADMISSIONS What is the revenue goal (in $M) for 2012? TUTORIAL 0.0 $ Million PS1 1 2 3 4 5 6 7 8 SUBMIT ANSWER EXIT CALCULATED VARIABLES: = 11g = -0.029 (-2.9%) 11t = $6,640 10t = $6,836 growth = 933 =
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