The cost of tuition at a community college is $12,000 per academic year. Alejandro is eligible for $7,500 in financial aid, and he will save money for one year to pay for the rest of his first year of college. What is the minimum amount he needs to save each month? Question 9 options: $375 $450 $750 $600

Respuesta :

The minimum amount he needs to save each month in order to be able to pay for his first year of college is $375.

What is the mininum monthly saving?

The first step is to determine the total amount he needs to save.

Amount he needs to save = $12,000 - $7500 = $4,500

The second step is to divide $4500 by 12.

4500 / 12 = $375

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