kristen plans to attend nordlie community college for 2 years. tuition is $7,550 per year, and kristen has a…

kristen plans to attend nordlie community college for 2 years. tuition is $7,550 per year, and kristen has a one - time grant worth $4,000. in addition, she has saved $2,000, and her parents have saved $5,000. assuming the cost of tuition stays the same, how much more money will kristen need to pay for both years of tuition?

kristen plans to attend nordlie community college for 2 years. tuition is $7,550 per year, and kristen has a one - time grant worth $4,000. in addition, she has saved $2,000, and her parents have saved $5,000. assuming the cost of tuition stays the same, how much more money will kristen need to pay for both years of tuition?

Answer

Explanation:

Step1: Calculate total tuition

The tuition per - year is $7,550 and she will attend for 2 years. So the total tuition is $7550\times2 = 15100$.

Step2: Calculate total funds available

She has a one - time grant of $4000, her savings of $2000 and her parents' savings of $5000. The total funds available is $4000 + 2000+5000=11000$.

Step3: Calculate remaining amount

Subtract the total funds available from the total tuition. The remaining amount is $15100 - 11000 = 4100$.

Answer:

4100