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Problem 7 - 1 0 fuition costs at various colleges vary from $ 1 0 , 0 0 0 to $ 3 0 , 0

Problem 7-10
fuition costs at various colleges vary from $10,000 to $30,000 annually. These tuitions are expected to increase over time. If the annual rate of increase is 4 percent, what will be the new range in tuition costs in twelve years? Use Appendix A to answer the questions. Round your answers to the nearest dollar.
The range at 4 percent is $ -$
If the rate doubles from 4 to 8 percent, what will be the range in tuition costs after twelve years? Use Appendix A to answer the questions. Round your answers to the nearest dollar.
The range at 8 percent is $
-$
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