PROJECT THE COST OF POST GRADE 12 STUDIES You are in your last year of study at school. Suppose your intention is to study further next year at the university, FET college or any other institution. Find out what the fees will be for the particular course you intend to do. The cost of your studies for the first year will be the current amount. This amount will most certainly be increased the following year. In order to find out what the increased amount will be, you need to find out what the amount was for the past three years. These amounts will give you an indication of the percentage for the next year. ACTIVITY 2: Use the table to work out the percentage increase: Note: ⚫ The following formula may help you to calculate the percentage increase for one year. Round all answers to ONE decimal place. Percentage increase YEAR New fees-old fees x100 Old fees FEES PERCENTAGE INCREASE Year before last Last year Current year Thus, the average increase is: % (show calculations)