Problema Solution
Marco predicts he will have $18,750 in expenses for one year of college. He expects to receive $3,450 in grants annually. How much will Marco need to contribute to one semester of his education?
$5,925
$7,650
$11,850
$15,300
Answer provided by our tutors
since 1 year = 2 semesters we have:
(1/2)(18750 - 3450) = $7,650
Marco needs to contribute $7,650 to one semester of his education.