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Nastasia [14]
3 years ago
10

Dawn Swift discovered that 20 years​ ago, the average tuition for one year at an Ivy League school was​ $15,000. Today, the aver

age cost is​ $60,000. What is the growth rate in tuition cost over this 20minus−year ​period?A. 15.5%
B. 4.2%
C. 7.18%
D. 10.6%
Business
1 answer:
KATRIN_1 [288]3 years ago
7 0

Answer:

C. 7.18%

Explanation:

Formula for calculating growth rate

= (Current amount/initial amount) ^ 1/n - 1

Given that

Initial amount = 15000

Current amount = 60000

n = 20

Therefore,

Growth rate = (60000/15000)^1/20 - 1

= (4)^1/20 - 1

= 1.07177 - 1

= 0.07177

To percentage we multiply by 100

So,

= 0.07177 × 100

= 7.177%

Approximately

= 7.18%

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Answer:

True

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In the process model, the effectiveness of an organization would be portrayed by the conflict that occurs internally. It could be the situation when the flow of the information is in a horizontal way and in a vertical way and the functioning of the operations internally is quite smooth and works with trust towards individuals

Therefore the given statement is true

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What is the problem with creating a promotional message to use for all countries?
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2 years ago
The analytic technique utilized after an adverse event occurs to prevent its recurrence is called?
azamat

The analytic technique utilized after an adverse event occurs to prevent its recurrence is called Root cause analysis.

<h3>What are the root cause analysis five steps?</h3>
  • Root cause analysis is a technique for problem-solving used in science and engineering to determine the underlying reasons of errors or issues.
  • It is frequently utilized in areas like information technology operations, telecommunications, industrial process control, accident investigation, and the healthcare sector.
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  • Root cause analysis.

To learn more about the Root cause analysis, refer to the following link:

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6 0
9 months ago
Bank customers should reconcile their records frequently with ________ to prevent their checks from ________.
maxonik [38]
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3 years ago
If the level of activity increases within the relevant range Group of answer choices Variable cost per unit and total fixed cost
MatroZZZ [7]

Answer:

Total cost will increase and fixed cost per unit will decrease V

Explanation:

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