Question

A school district grants faculty members a one-year leave after seven years of service to engage in research. In a particular year, it paid 2M to faculty on leave. In addition, it estimated that faculty "earned" 2.4M toward leave they are likely to take in the future. What is the total amount paid by the school district for faculty leave in that particular year?

1) 2M
2) 2.4M
3) 4.4M
4) Cannot be determined

Answer 1

The total amount paid by the school district for faculty leave in that particular year is 4.4M, which is the sum of the 2M paid to faculty currently on leave and the 2.4M estimated for future leave.

Step-by-step explanation:

The total amount paid by the school district for faculty leave in that particular year is the sum of the amount paid to faculty currently on leave and the estimated amount 'earned' toward future leave. According to the information provided, the school district paid 2M to faculty on leave and estimated that faculty 'earned' an additional 2.4M towards future leave they are likely to take. Therefore, to find the total amount paid and allotted for faculty leave, you would add the two figures together:

Total amount = Amount paid to faculty on leave + Amount earned towards future leave

Total amount = 2M + 2.4M

Total amount = 4.4M

Thus, option 3) 4.4M is the correct answer.