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the cost of tuition at a large public university was $390 per credit hour 5 years ago. The cost today (exactly 5 years later) is

the cost of tuition at a large public university was $390 per credit hour 5 years ago. The cost today (exactly 5 years later) is $585. The annual rate of increase is closest to: (a)5% (b)7% (c) 9% (d)11%. Please show work thank you!

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