Question

Engineering students at Georgetown College last year received, on average, $9,000 in scholarships and grant money. This year, the average is 68% higher. What is the average this year?​

Answer 1

The average scholarship and grant money received by engineering students at Georgetown College this year is $15,120.

Step-by-step explanation:

To find the average scholarship and grant money received this year, we need to calculate 68% of last year's average amount and add it to last year's average.

Step 1: Calculate 68% of $9,000 by multiplying $9,000 by 0.68. This gives us $6,120.

Step 2: Add the result from step 1 to $9,000. $9,000 + $6,120 = $15,120.

Therefore, the average this year is $15,120.