Final answer:
Paco needs to save $3500 for his first year of college.
Step-by-step explanation:
To calculate how much money Paco needs to save for his first year of college, we need to consider the one-time enrollment fee and the annual tuition.
The one-time enrollment fee is given as $500.
The annual tuition is given as $3,000.
To calculate the total amount Paco needs to save, we add the enrollment fee to the product of the tuition and the number of years of college (in this case, 1).
So the equation is: Total amount = Enrollment fee + Tuition * Number of years
Plugging in the values, Total amount = 500 + 3000 * 1 = $3500.
Therefore, Paco needs to save $3500 for his first year of college. The correct answer is option D, $1,100.