Question

Paco plans to attend college. He has estimated the costs for his first year.

Tuition = $1,600

Other educational expenses = $400

Housing and living expenses = $1,400

The college financial aid counselor estimates that Paco will receive $1,900 that year in grant money. He also has a scholarship that awards him $1,000 a year.

How much money does Paco need to save to pay for his first year of college?
$300
$500
$800
$1,100
please an thank you!

Answer 1

Answer:$500

Explanation:

1. 1,600+400+1,400=3,400

2. 1,900+1,000=2,900

3. 3,400-2,900=500

Answer 2

Wow. That is a nice tuition.

The question is asking, how much money does he need to pay after taking consideration of the grant money and scholarship.

We need to add up the estimated costs for his first year. 1,600+400+1,400=3,400.

Subtract both 1,900 and 1,000 (2,900) because he does not need to pay that amount from the original estimated costs.

3,400-2,900=500

This means that aside from the financial aid help, he will need to pay an additional 500 dollars to pay for his first year of college.