495The table shows the predicted cost of attending an in-state four-year public college 4 years from now.CategoryPredicted Annua
l Costtuition$9,350room and board$8,630books and fees$1,650transportation$2,140other$1,110Caleb used the table to determine the minimum amount he should save each month to have enough money to for his firstyear of college. He anticipates receiving S4,500 in grants and he will live at If he pay hismoney in an interest bearing college home. has 4 years to save and places savings account, what is the minimum Caleb and his family should save each month?A)$100 B) $200 C)$300 D)$400
2 answers:
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The total amount is $ 780
<em><u>Solution:</u></em>
Let the total amount be "x"
Given that,
First person gets $ 268
Second person gets $ 200
Third person gets 40 %
This means, third person gets 40 % of total amount
Third person = 40 % of x
We know that, total amount is equal to sum of amount got by all three persons
Total amount = first person + second person + third perosn
Thus the total amount is $ 780