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melomori [17]
3 years ago
7

This year, the annual tuition at a public four-year university is $5,290. Next year when Jarrod attends his first year, the tuit

ion is expected to increase 4.5%. Jarrod has 1 year to save the amount of money equal to the tuition for his first year. What is the approximate minimum amount Jarrod should save monthly?
Choices:
A- $441
B- $461
C- $553
D- $639
Business
2 answers:
frutty [35]3 years ago
7 0
The answer is B, 461$
sergiy2304 [10]3 years ago
4 0

Answer:

The answer is: B) $461

Explanation:

Next year tuition for a public university will be approximately $5,528.05:

next year's tuition = current tuition x (1 + 4.5%) = $5,290 x 1.045

If Jarrod wants to save enough money to pay for it, he needs to save approximately $461 per month (= $5,528.05 / 12).

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Based on the information that's provided in the question, if Kumi gets audited this year, then he is likely to believe that the reason for the audit is due to an external cause, like the tax program that was used in the preparation of his taxes.

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8 0
2 years ago
Because of uncertainty about future inflation, the union devotes a large quantity of resources to monitoring inflation indicator
IrinaVladis [17]

Answer:

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