asked 198k views
2 votes
Nan estimates that she will need $72,000 to attend a 4-year college. She can pay $60,000 with student loans and by working part time. Her parents have agreed to pay the rest. They have 46 months to save. Ignoring interest, which of the following is closest to the amount they should save each month if they divide it into equal amounts?

asked
User Rfunduk
by
8.2k points

2 Answers

1 vote

Answer:

mamswims is correct 260 is the answer

Explanation:

my first answer was wrong, I am so sorry for my mistake.

answered
User Raluca
by
7.7k points
7 votes
It would be 260 dollars per month.

12000/46 = 260.87 (rounded)
answered
User Joe Halliwell
by
8.7k points
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