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Thirty years ago, when your parents went to private school, the average annual tuition was $1,800. Now annual tuition at the same school costs $20,300.

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Thirty years ago, when your parents went to private school, the average annual tuition was $1,800. Now annual tuition at the same school costs $20,300. What was the growth rate in tuition over the 30 -year . period? You must type in both the answer and your calculator inputs using the TVM functions to receive credit. Be sure to use 4 decimal places ( 25.25% or 0.2525)

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