Question

Tuition for one year at the University of Atlantis costs $12,000 per year. Rachel would like to attend this university and will save money each month for the next 3 years. Her parents will contribute $3,000 for her first year's tuition. How much money will Rachel need to save each month to have enough money for the first year of college at the University of Atlantis?

Answer 1

250 dollars per month.

Explanation:

We first need to subtract the amount of money her parents are giving her.

12000-3000=9000.

Since she is saving money every month for 3 years we have to multiply 3×12=36 months.

We than need to divide how much money she needs by the amount of months she has to get it.

9000÷36=250