For​ 1993-1994, the average cost of tuition and fees at public​ four-year universities was ​$2431 for​ full-time in-state students.

Question

Twenty years later, it had increased 320%. To the nearest dollar, what was the approximate cost for 2013-2014?

 

Answer 1

Multiply the cost of tuition in 1993-1994 by 320%

2431 x 3.20 = 7779.2

Add the amount increased to the cost twenty years prior

2431 + 7779.2 = 10210.2

Approximate cost for 2013-2014 = $10210