The administration of Barnett College is considering raising tuition and wants you to create a program to calculate and report out the projected tuition per semester for the next five years based on a rate of increase entered by the user as a percentage.

The current tuition rate for a full-time student is $6,000 per semester. The percentage increase is to be calculated on a year-over-year basis.

Develop a Flowgorithm flowchart that uses a single For loop to calculate and display these projected semester tuition amounts for each of the next five years.

• The body of this loop is to be executed exactly five times
• Use Real for the data type when declaring a variable that holds a tuition amount
• The user will enter the percentage increase without any percent sign
• A prompt message is required; output labels are optional

Be sure to review the rubric for this assignment to see how it will be graded.

Test Cases

Projected tuition per semester for the next five years based on the percentage increase shown in the column heading:

	2%	3.5%	7%
year 1	6120.00	6210.00	6420.00
year 2	6242.40	6427.35	6869.40
year 3	6367.24...	6652.30...	7350.25...
year 4	6494.59...	6885.13...	7864.77...
year 5	6624.48...	7126.11...	8415.31...