Question

The table shows the cost for one year of college. Suppose you have $28,000 in grants and scholarships to attend your first year of college. If you plan to attend a 4-year private college, how much money must you contribute each semester of your first year to pay for tuition, room, and board?

A) $3,229.25
B) $6,458.50
C) $12,917.00
D) $20,458.50

Answer 1

B) $6,458.50

Explanation:

The answer is B) $6,458.50

Answer 2

B) $6,458.50

Explanation:

So you know, that the expenses for the first year of a 4-year private college are $40,917. You have got $28,000. How much money you must contribute each semester? $40,917-$28,000=$12,917 ... You know, that there are two semesters in college year, so you need to divide the number by 2. The answer is B) $6,458.50

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