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23 October, 15:22

Serge estimates college tuition and fees, room and board, books, and other charges total $12,250. He will get a $250 scholarship. Serge has 4 years to save. How much should he save per month to cover the costs of college (minus the scholarship) ?

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  1. 23 October, 16:00
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    Serge should save 250 dollars a month because minus the scholarship leaves him with 12,000 dollars in debt. there are 48 monthhs in one year so you divide 1200/48 and get 250 dollars for 1 month
  2. 23 October, 17:05
    0
    12,250 - 250 = 12,000

    12,000 divided by 4 = 3,000

    Serge has to save 3,000 a year

    so 3,000 divided by 12 = 250.

    Serge has to save 250 a month
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