Question

Greg saved $8,000 prior to starting college. Each semester he must pay $2,5000 in tuition and fees. He knows he will eventually be in debt. What is the equation and how much debt Greg will be in if he graduates in 4 years (8 semesters) ?

Answer 1

Explanation:

aight w ewill start with an equation.......d will equal debt and x will equal semester

d=8000-2500x

d=8000-2500(8)

d=-12000

Answer 2

Answer: $92,000

Explanation:

Given : Each semester he must pay $25000 in tuition and fees.

Total number of semesters in 4 years = 8 [2 in each]

Then, the total fee for 4 years will be:-

4 x Each semester's tuition and fees

=
`\$4*\$25000`

`=\$100,000`

Since , he saved $8,000 prior to starting college.

Then, the amount of debt Greg will be : Total fee for 4 years - saved money

=
`\$100,000-\$8,000=\$92,000`

Hence, Greg will be debt $92,000 in if he graduates in 4 years.