The Annandale College of Business is planning to begin an online undergraduate degree program. The initial start-up fixed costs for computer equipment, office facilities, course development and staff are 410,259. The College plans to charge tuition of 23,838 per student per year. The annual cost per student for administrative charges and the university’s share of tuition is 12,513. What is the number of students the College needs to enroll in the first year to break even? (Round up to the nearest integer.)
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The Annandale College of Business is planning to begin an online undergraduate degree program. The i...
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