Multiple Choice
Your university is running a special offer on tuition.This year's tuition cost is $18,000.Next year's tuition cost is scheduled to be $19,080.The university offers to discount next year's tuition at a rate of 6% if you agree to pay both years' tuition in full today.How much is the total tuition bill today if you take the offer?
A) $18,000
B) $34,981
C) $37,080
D) $36,000
Correct Answer:
Verified
Correct Answer:
Verified
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