Solution-Shortfall in the upcoming year

Shortfall in the upcoming year

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Reference no: EM131360991

Using Excel QM Solver - St. Joseph's School has 1,200 students, each of whom currently pays $8,000 per year to attend. In addition to revenues from tuition, the school receives an appropriation from the church to sustain its activity. The budget for the upcoming year is $15 million, and the church appropriation will be $4.8 million. By how much will the school have to raise tuition per student to keep from having a shortfall in the upcoming year?

Reference no: EM131360991

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Shortfall in the upcoming year

Reference no: EM131360991

Reference no: EM131360991

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