Mathematics, 14.05.2021 03:50 carterlewis02
Chris is planning to attend a public university after he graduates from high school in 2 years. He is devising a plan to save money each month to help with the expenses of attending the university. The cost of attending the public university for one-year is $27,000. His family has promised to contribute $14,500 each year he is in school. What is the minimum amount of money Chris must contribute to his savings per month for the next 2 years to have enough money to pay for his first year of tuition?
a
$520.83
b
$530.85
c
$508.65
d
$597.16
Answers: 2
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