Dawn Swift Discovered That 20 Years Ago,the Average Tuition for One

question 78

Multiple Choice

Dawn Swift discovered that 20 years ago,the average tuition for one year at an Ivy League school was $4,500.Today,the average cost is $29,000.What is the growth rate in tuition cost over this 20-year period? Round off to the nearest 0.1%.

• A)15.5%
• B)4.2%
• C)9.8%
• D)10.6%

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Definitions:

Psychological Factors

Elements or aspects of a person's mental and emotional state that influence their behavior and well-being.

Neophobia

The fear of anything new, often seen as an aversion to novelty or changes.

Fussy Eater

Refers to individuals, often children, who are very selective about the foods they eat, often resisting new foods or having a limited range of foods they will consume.

Basal Metabolic Rate

The speed at which energy is burned by the body to sustain crucial life functions including breathing and warmth preservation during rest.