Register
Leah predicts that she will need to contribute $7,000 per year for college tuition and already has $4,000 in savings. She is beginning her Junior year in high school and knows she has 2 years to save to
29.1k views
4 votes
Leah predicts that she will need to contribute $7,000 per year for college tuition and already has $4,000 in savings. She is beginning her Junior year in high school and knows she has 2 years to save to pay for her first year. How much does Leah need to put into her savings account each month to pay for her first year?

User Tejzpr
by
3.2k points

1 Answer

1 vote

Answer:

125 Dollars

Explanation:

Total fee = 7000

Amount in hand = 4000

Amount to be saved in 2 years = 7000 - 4000 = 3000

No of months in 2 years = 12 x 2 = 24

Per month saving = 3000 / 24 = 125 $

User Jcklie
by
2.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.3m questions

4.3m answers

Other Questions

A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
The sanchez family goes out for dinner, and the price of the meals is $60. The sales tax on the Meals is 7 percent, and they also want to leave a 15 percent tip. What is the total cost of the meal? Analyze
At the beginning of a population study, a city had 240,000 people. Each year since, the population has grown by 9.7%. Lett be the number of years since start of the study. Let y be the city's population.
A furniture store donated a percent of every sell to charity,The total sells were $8,200 so the store donated $164 What percent of $8200 was donated to charity.
What is 65 less than J
Link Copied!