Question

Joaquin used the table to predict the cost of one year of education at a four-year public university. Categorypredicted costtuition$9,450room and board$7,920transportation$2,680books and fees$1,875other$930he received a grant for $1,900. What is the minimum amount joaquin will need to contribute to his education annually if he chooses to live at home?$13,035$14,935$20,955$22,855.

Answer 1

Adding up tuition, transportation, books and fees, and other expenses, and then subtracting the grant, Joaquin will need to contribute a minimum of $13,035 annually to his education costs if he lives at home.

Step-by-step explanation:

The student has presented a scenario involving the prediction of annual college costs and the impact of a grant on those expenses. To calculate the minimum amount Joaquin will need to annually contribute to his education assuming he lives at home, we first need to add up all the expenses except room and board, as he won't incur that expense. This includes tuition, transportation, books and fees, and other expenses.

Tuition: $9,450
Transportation: $2,680
Books and Fees: $1,875
Other: $930
Total without Room and Board: $14,935

Next, we subtract the grant amount ($1,900) that Joaquin received from the total:

Total minus Grant: $14,935 - $1,900 = $13,035

Therefore, the minimum amount Joaquin will need to contribute to his education annually, while living at home, is $13,035.