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please answer asap In 2009 , Internationale Outstanding University ( 10OU) had an enrollment of 27,431 undergraduates, each of whom paid $6,254 per year in
please answer asap
In 2009 , Internationale Outstanding University ( 10OU) had an enrollment of 27,431 undergraduates, each of whom paid $6,254 per year in tuition. In 2010 , enrollment was 27,242 students, and tuition was raised 2.8%. In 2011, 10U received $186.8M in revenue from student tuition, and enrollment was 26,971 students. In 2012 , it is estimated that tuition will be $7,050 and IOU needs to receive 4.7% more total revenue from tuition than in 2011. What will be the compounded annualized growth rate (CAGR) of tuition for 2009 to 2012 ? CAGR(x) Step by Step Solution
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