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stellarik [79]
3 years ago
15

Spencer would like to attend the University of El Dorado, which costs $24,000 per year. He plans to save money each month for th

e next 4 years in order to reach his goal. His grandparents will contribute 25% for his first year's tuition. If Spencer also receives a local scholarship for $3,000, how much money will he need to save each month to cover his first year of tuition?
Mathematics
2 answers:
zzz [600]3 years ago
8 0
He mounts he needs to save 1250
adoni [48]3 years ago
6 0

Answer:

well he has 9,000 so 24,000 - 9,000 = 15000 so he needs 15000 for the year, divided by 12 (each month) is 1250. So each month he needs to save 1250

Step-by-step explanation:

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