Business, 28.07.2019 22:00 ira51

Johanna's grandmother gives her $9,000 to pay for the entire first year's tuition at a state college, a year from now. johanna puts the money into her checking account, but during the next year, inflation is 10% and the tuition of her college increases with inflation. how much additional money must johanna come up with to pay her tuition?

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Johanna's grandmother gives her $9,000 to pay for the entire first year's tuition at a state college...