Question

tuition for one year at a state university is about 13,000 Devon would like to attend this University and will save money each month for the next 4 years his parents will give him 5,200 for his year of tuition which plan shows the minimum amount of Devon must have enough money to pay for his first year of tuition?

Answer 1

Option A is correct.

Devon has to save $162.50 monthly for the next 4 years

Step-by-step explanation

The total cost for the first year at school is $13,000

The parents plan to provide $5,200

So, Devon still has to raise the rest of the money over 4 years (48 months, since there are 12 months in 1 year) by saving each month.

Amount that Devon still needs to raise = 13,000 - 5,200 = $7,800

So, he has to raise $7,800 over 48 months

In 1 month, Devon has to raise (7,800/48) = $162.50 in order to reach his target.

Hope this Helps!!!