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The board of trustees for a school is considering a tuition increase. One faction in the board supports Plan A, which involves raising the tuition
The board of trustees for a school is considering a tuition increase. One faction in the board supports Plan A, which involves raising the tuition 6% this year and 8% the next. Others want Plan B, which has the 8% raise this year and the 6% next year. Some say it doesn't matter because in either case, the tuition is the same in the second year. Does it make any difference which plan is implemented regarding the total incoming tuition for the next two years? Question content area bottom Part 1 Select the correct choice below and, if necessary, fill in the answer box to complete your choice. A. Yes; if the enter your response here% raise is done first, the cost of tuition will be more over the two years than if the enter your response here% raise is done first. (Type whole numbers.) B. No, the cost of tuition will be the same over the two years with both plans
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