Question

Esther estimates that she will need about $8,600 for he first year of 11 point

tuition at college. Her grandparents contribution will cover 50% of the
tuition expenses, and Esther will need to save to pay for the rest. If Esther
has 2 years to save, what is the minimum amount that she should save
each month? *

Answer 1

$179.17 per month

Explanation:

8600 x .50 = 4300 she will need to pay for

has two years to save, so 24 months

4300 / 24 =

179.1666 --> round

$179.17 per month

Answer 2

$129

Explanation:

Esther estimates that she will need about $8,600 for he first year of 11 point

tuition at college. Her grandparents contribution will cover 50% of the

tuition expenses, and Esther will need to save to pay for the rest. If Esther

has 2 years to save, what is the minimum amount that she should save

each month? *