Question

The total cost of attending a state university is $20,600 for the first year. If your grandparents will pay half of this cost and 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?

Answer 1

Answer:

$275

Explanation:

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 $275, which is the amount i have to save each month.

i hope this helps! :D