Dawn Swift Discovered That 20 Years Ago,the Average Tuition for One

Multiple Choice

Dawn Swift discovered that 20 years ago,the average tuition for one year at an Ivy League school was $4,500.Today,the average cost is $29,000.What is the growth rate in tuition cost over this 20-year period? Round off to the nearest 0.1%.

A) 15.5%
B) 4.2%
C) 9.8%
D) 10.6%