The average price of tuition and fees at public 4-year colleges and universities increased from $1,780 in 1989 to $7,100 in 2010. Calculate the relative change in price from 1989 to 2010 and compare...


The average price of tuition and fees at public 4-year colleges and universities increased from $1,780 in 1989 to $7,100<br>in 2010. Calculate the relative change in price from 1989 to 2010 and compare it to the overall rate of inflation as<br>measured by the Consumer Price Index.<br>Average Annual Consumer Phc6 Ihdex (CPI)<br>CPI<br>124.0<br>130.7<br>136.2<br>140.3<br>CPI<br>56.9<br>Year<br>CPI<br>177.1<br>179.9<br>184.0<br>188.9<br>195.3<br>201.6<br>207.3<br>215.3<br>214.5<br>Year<br>Year<br>2001<br>2002<br>2003<br>1976<br>1989<br>1990<br>1991<br>1992<br>1993<br>1994<br>1995<br>1996<br>1997<br>1977<br>60.6<br>Average tuition and fees in public 4-year colleges and universities increased by %.<br>(Round to the nearest integer as needed.)<br>1978<br>1979<br>1980<br>1981<br>1982<br>1983<br>1984<br>1985<br>1986<br>1987<br>1988<br>65.2<br>72.6<br>82.4<br>90.9<br>96.5<br>99.6<br>103.9<br>107.6<br>109.6<br>113.6<br>118.3<br>2004<br>144.5<br>2005<br>2006<br>2007<br>2008<br>148.2<br>152.4<br>156.9<br>160.5<br>163.0<br>166.6<br>172.2<br>2009<br>2010<br>2011<br>1998<br>218.1<br>1999<br>2000<br>224.9<br>229.6<br>2012<br>

Extracted text: The average price of tuition and fees at public 4-year colleges and universities increased from $1,780 in 1989 to $7,100 in 2010. Calculate the relative change in price from 1989 to 2010 and compare it to the overall rate of inflation as measured by the Consumer Price Index. Average Annual Consumer Phc6 Ihdex (CPI) CPI 124.0 130.7 136.2 140.3 CPI 56.9 Year CPI 177.1 179.9 184.0 188.9 195.3 201.6 207.3 215.3 214.5 Year Year 2001 2002 2003 1976 1989 1990 1991 1992 1993 1994 1995 1996 1997 1977 60.6 Average tuition and fees in public 4-year colleges and universities increased by %. (Round to the nearest integer as needed.) 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 65.2 72.6 82.4 90.9 96.5 99.6 103.9 107.6 109.6 113.6 118.3 2004 144.5 2005 2006 2007 2008 148.2 152.4 156.9 160.5 163.0 166.6 172.2 2009 2010 2011 1998 218.1 1999 2000 224.9 229.6 2012

Jun 11, 2022
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