Future value. Upstate University charges $16,000 a year in graduate tuition. Tuition rates are growing at 3.75% each year. You plan to enroll in graduate school in five years. What is your expected...

Extracted text: Future value. Upstate University charges $16,000 a year in graduate tuition. Tuition rates are growing at 3.75% each year. You plan to enroll in graduate school in five years. What is your expected graduate tuition in five years? What is your expected graduate tuition in five years? (Round to the nearest cent)