Question

A university has raised $8,000 for a new scholarship fund. A university trustee offers to match the donation up to 60% if the university can raise $1,500 more for the fund. If the university is able to raise the extra amount, how much money will be in the fund after the trustee's donation?

Answer 1

$8,000 + $1,500 = 9,500

So 9,500 x .6 = 5,700 dollars donated by trustee.

$9,500 + $5,700 = $15,200 dollars total