Based on the calculation below, we have:
The tuition per year is $36,000; and
The amount of increase in the tuition each year is $1,000.
The tuition per year and the amount of increase in the tuition each year can be calculated as follows:
Number of semesters in a year = 2
Tuition per semester = $18,000
Amount of increase in the tuition each semester = $500
Therefore, we have:
Tuition per year = Number of semesters in a year * Tuition per semester = 2 * $18,000 = $36,000
Amount of increase in the tuition each year = Number of semesters in a year * Amount of increase in the tuition each semester = 2 * $500 = $1,000
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