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The average annual tuition for a public university in 1998 was $18,759. In 2018, the average annual tuition for a public university is $22,377. How

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The average annual tuition for a public university in 1998 was $18,759. In 2018, the average annual tuition for a public university is $22,377. How much (as a percentage) has the tuition cost increase on averase per year? State your answer to two decimal places (e.g., 3.86) Question 5 1 pts You are managing an investment portfolio and sell an "inflation protected" annuity that pays $3,282 per month (in real terms) for 5 years, starting next month. You forecast that inflation will be 0.14% per month over the 5 years. If you earn 4.54% APR (monthly compounding) nominal terms on your investments, how much do you need to invest today to fully fund the annuity? Question 6 1 pts The average price of a compact car in 2018 is $23,574. If inflation on compact cars is 4.2% per year, how much will a compact car cost in 2023

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