Question

Tuition for one year at University of State costs $12,000 a year. Robin would like to attend this university and will save money monthly the

next four years. Her parents will give her $2,500 for her first years tuition. How much money must Robin save per month to have enough
money for the first year of college at University of State?

Answer 1

12,000 - 2,500 = 9,500 left for Robin to pay.
4 years = 48 months she will be saving

9500/48 = 197.91666 = 197.92/month.

Answer 2

If the parents are giving 2500, than Robin needs to save 9500 for the first year. She will be saving for 4 years, with 12 months in a year multiply 4 and 12. she will be saving for 48 months. divide 9500 by 48 you get 198. She needs to save 198 a month

Explanation: