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Tuition costs at various colleges vary from $20,000 to $35,000 annually. These tuitions are expected to increase over time. If the annual rate of increase

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Tuition costs at various colleges vary from $20,000 to $35,000 annually. These tuitions are expected to increase over time. If the annual rate of increase is 3 percent, what will be the new range in tuition costs in twelve years? Use Appendix A to answer the questions. Round your answers to the nearest dollar. The range at 3 percent is $ If the rate doubles from 3 to 6 percent, what will be the range in titition costs after twelve years? Use Appendix A to answer the questions. Round your answers to the nearest dollar. The range at 6 percent is $

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