Question

Tuition for one year at a state university is about $12,500. Greg would like to attend this university and will save money each month for the next 4 years. His parents will give him $4,600 for his first year of tuition. Which plan shows the minimum amount of money Greg must save to have enough money to pay for his first year of tuition?

A. save $658.33 per month for the next 4 years
B. save $383.33 per month for the next 4 year
C. save $260.42 per month for the next 4 years
D. save $164.58 per month for the next 4 years

Answer 1

Answer:164.58 (D)

Explanation:

12,500-4600= 7900

12 months x 4 years makes 48 months, so 7900/48 = 164.58 per month

Answer 2

Answer: $383.33 per month for the next 4 years

Explanation:

The correct answer is save $383.33 per month for the next 4 years. Tuition for one year at a state university is about $12,500, and Greg would like to attend this university. His parents will give him $4,600 for his first year of tuition, so he must save the remaining $7,900. To have enough money to pay for his first year of tuition, Greg must save $383.33 per month for the next 4 years. This is the minimum amount of money he must save, as the other plans require him to save more money than necessary.

Sorry if this is wrong btw fr fr.