Question

PLEASE HELP ME

Annual student fees at a university rose from about $4,000 in 2000 to about $17,000 in 2014. Find the percent increase.

Answer 1

325%

Explanation:

The percent change of two values can be found using the general formula:

`(new-initial)/(initial)x100`

Since the initial tuition fee was $4,000 and the new tuition fee is $17,000, we can set up the equation and solve:

`(17,000-4,000)/(4,000)=(13,000)/(4,000)=3.25x100=325percent`

So, the percent increase from 2000 to 2014 in tuition was 325%