Question

Higher Order Thinking Jordan needs

$9,240 for her first year of college tuition.
Each of her two grandfathers said they
would match what she saves. She has
8 years before she goes to college.
How much does Jordan need to save
on her own each year to have enough
for her first year with the help from her
two grandfathers?

Answer 1

$385

Explanation:

Jordan needs $9,240 for her first year of college tuition.

Each of her two grandfathers said they would match what she saves.

Therefore, Jordan and two of her grandfathers share equally the college tuition fee of Jordan.

Therefore, Jordan has to save
`(9240)/(3) = 3080` dollars .

If Jordan saves this money for a duration of 8 years then in each year she has to save
`(3080)/(8) = 385` dollars. (Answer)