You see a news headline which claims that tuition at CSU San Jose is going to increase by 7% next year. If tuition for in-state

Question

1 year ago

13

students is currently $5,742, how much will it be next year?

1 answer:

wolverine [178] · Answer 1 · 2023-09-08T14:35:48+03:00

The tuition would be $6143.94 next year

<h3>How to detemrine the tuition amount?</h3>

The given parameters are:

The tuition next year is then calculated as:

Tuition = Current * (1 + Rate)

This gives

Tuition = $5,742 * (1 + 7%)

Evaluate

Tuition = $6143.94

Hence, the tuition would be $6143.94 next year