marco predicts he will have $18,750 in expenses for one year of college. he expects to receive $3,450 in…

marco predicts he will have $18,750 in expenses for one year of college. he expects to receive $3,450 in grants annually. how much will marco need to contribute to one semester of his education? $5,925 $7,650 $11,850 $15,300

marco predicts he will have $18,750 in expenses for one year of college. he expects to receive $3,450 in grants annually. how much will marco need to contribute to one semester of his education? $5,925 $7,650 $11,850 $15,300

Answer

Explanation:

Step1: Calculate annual contribution

First, find the annual amount Marco needs to contribute. Subtract the annual grant amount from the annual expense amount. $18750 - 3450=15300$

Step2: Calculate semester - contribution

Then, divide the annual contribution by 2 to get the contribution for one semester. $\frac{15300}{2}=7650$

Answer:

$7,650$