The total cost of attending a state university is $20,600 for the first year. If your grandparents will pay half of this cost an
d you have an athlete scholarship for $7000. What is the minimum amount you would need to save every month in order to pay off the remaining cost at the end of the 12 months?
since my grandparents are paying half of the cost, i can divide $20,600 by two to get $10,300. my athlete scholarship will shave off another $7,000 so i will have $3,300 remaining.
dividing this sum by 12 gives me <u>$275</u>, which is the amount i have to save each month.
