Answer: $92,000
Step-by-step explanation:
Given : Each semester he must pay $25000 in tuition and fees.
Total number of semesters in 4 years = 8 [2 in each]
Then, the total fee for 4 years will be:-
4 x Each semester's tuition and fees
= [tex]\$4\times\$25000[/tex]
[tex]=\$100,000[/tex]
Since , he saved $8,000 prior to starting college.
Then, the amount of debt Greg will be : Total fee for 4 years - saved money
= [tex]\$100,000-\$8,000=\$92,000[/tex]
Hence, Greg will be debt $92,000 in if he graduates in 4 years.
