The current cost of graduate school tuition is $22,000 per year. The cost of tuition is rising at 7.00% per year. You plan to attend graduate school...

1. The current cost of graduate school tuition is $22,000 per year. 

The cost of tuition is rising at 7.00% per year. 

You plan to attend graduate school for 2 years starting 3 years from now. 

How much do you have to invest today if your savings account earns 5.00% APR compounded annually to just fund your tuition?

$46,127

$47,006

$45,265

$55,788

2 . Your starting salary was $45,000 

After 6 years of work, your salary is $60,000 

If inflation averaged 5.00% over the same time period, 

What was your REAL average per year percentage raise ?

-0.084%

35.00%

31.67%

-0.49%

33.33%

-0.53%

3. Your starting salary was $50,000 .

After 5 years of work, your salary is $55,000 

What was your NOMINAL average per year percentage raise ?

2.02%

10.00%

9.50%

1.89%

1.92%

10.50%