In 2009, Internationale Uutstanding University (IUU) had an enrollment of 26,123 Undergraduates, each of whom paid $6,359 per year in tuition. In 2010, enrollment was 26,761 students, and tuition was raised 2.0%. In 2011, IOU received $186.8M in revenue from student tuition, and enrollment was 26,445 students. In 2012, it is estimated that tuition will be $7,003 and IOU needs to receive 6.2% more total revenue from tuition than in 2011. ADMISSIONS What will be the compounded annualized growth rate (CAGR) of tuition for 2009 to 2012? 1 OOO 0.00% CAGR (%) PS1 1 2 3 4 5 6 7 8 My Folder CALCULATED VARIA aar = 0.0335 (3.35% 2012 enroll = 28,331 2012rev = 198.4 11g = 0.089 (8.9%) 11t = $7,064 10t = $6,486 growth = 638