Question

In 1990, the cost of tuition at a large Midwestern university was $99 per credit hour. In 2003, tuition had risen to $268 per credit hour

Answer 1

63%

Explanation:

From the question, we aim to find the percent increase in the tuition

Given data

initial cost= $99 per credit hour

Final cost= $268 per credit hour

% increase= (Final - initial )/initial *100

substitute

% increase= (268- 99 )/268 *100

% increase= 169 /268 *100

% increase= 0.630*100

% increase= 63%

Hence the increase in the tuition from 1990 to 2003 is 63%