Answer:
Step-by-step explanation:
4 year Public University
Tuition and fees $ 8500
Room and board $ 6700
Books and supplies $1250
misc expenses $ 700
Total for 1 year
8500+6700+1250+700
= $ 17150
Total for 4 years 4* 17150 = $68600
4 year Private University
Tuition and fees $ 25100
Room and board $ 8000
Books and supplies $ 1300
misc expenses $ 750
Total for 1 year
25100+8000+1300+750
= $ 35150
Total for 4 years 4* 35150 = $ 140600
2 Year Community College
2 Year Community College
Tuition and fees $ 4400
Room and board $ 5000
Books and supplies $ 1100
misc expenses $ 800
Total for 1 year
4400+5000+1100+800
= $ 11300
Total for 2 years 2* 11300 = $ 22600
now given
kari will get $4500 in scholarships and grants yearly and $1500 yearly through work study program
so in total kari will get in financial aid = $6000 yearly
so in 2 years she will get total = 2*6000 = $12000 financial aid
kari's estimated cost per year = total fee of college for 1 year - total financial aid for 1 year
= $11300 - $ 6000 = $5300
Kari's estimated cost per year = $5300
then estimated cost for two years = 2* 5300 = $10600
given Kari's family will contribute $3000 yearly
so for two years Kari will get = 2*3000 = $6000 from family
If kari has 1 year to save for 1st year's contribution then
a) kari has $0 in savings
kari needs to save for year = estimated cos per year - contribution from family per year
= $5300 - $ 3000 = $2300
as kari has $0 savings so kari needs to save $2300 in 1 year
so kari needs to save an amount = 2300/12 = $191.666667 monthly
b) kari has $1000 in saving
then kari needs to save an amount for 1 year = estimated cost per year - contribution from family per year - kari's initial savings
Amount to be saved for 1 year = $5300 - $3000 - $1000
= $1300
so kari needs to save an amount of = 1300/12 = $108.3333333 monthly
c) Kari has $2000 in saving
then kari needs to save an amount for 1 year = estimated cost per year - contribution from family per year - kari's initial savings
Amount to be saved for 1 year = $5300 - $3000 - $2000
= $300
so kari needs to save an amount of = 300/12 = $25 monthly
