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The tuition at Drury in 1980 was $1,427.50. Using the inflation calculator provided by the Federal...

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Finance

The tuition at Drury in 1980 was $1,427.50. Using the inflationcalculator provided by the Federal Reserve Bank of Minneapolis(What is a Dollar Worth?), determine what the inflation-adjustedtuition should be for 2018. If there is a discrepancy between theinflation-adjusted tuition cost and actual tuition cost, whatfactors may have influenced the discrepancy?

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3.7 Ratings (413 Votes)
As per the inflation calculator provided by the Federal Reserve Bank of Minneapolis 1 in 1980 is worth 304 in 2018 Thus tuition at Drury that was 142750 in 1980 will be worth 142750304 433960 For the academic year 201819 the undergraduate tuition and fees    See Answer
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The tuition at Drury in 1980 was $1,427.50. Using the inflationcalculator provided by the Federal Reserve Bank of Minneapolis(What is a Dollar Worth?), determine what the inflation-adjustedtuition should be for 2018. If there is a discrepancy between theinflation-adjusted tuition cost and actual tuition cost, whatfactors may have influenced the discrepancy?

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