Question

Tuition for one year at the state university Nick would like to attend is about $18,000. Nick plans to save money each month for the next 4 years to help pay for his first year. If his parents plan to contribute $12,000 toward his first year, what is the minimum about Nick must save each month to have enough money to pay for his first year of tuition? A) $50 B) $75 C) $125 D) $250

Answer 1

The answer isn't D, it's C. I don't know why a verified answer is wrong, and I don't know how people are saying it's correct. I almost failed my test because of the "verified" answer above.

Explanation:

1. Subtract 12,000 from 18,000 (6,000).

2. Since there are 12 months in each year and he's saving money each month for 4 years, multiply 12 and 4 (48).

3. Divide 6,000 by 48 (125).

Therefore, the answer is C. 125.

Answer 2

18,000-12,000=6,000

12 months x 4 = 48

6,000 / 48= $125

so the answer is D