zane attends kellson university. tuition this year is $16,650. zane has saved $2,200 for his tuition, and he…

zane attends kellson university. tuition this year is $16,650. zane has saved $2,200 for his tuition, and he has a scholarship worth $7,000 this year. he will need student loans for the rest. how much money will zane need to borrow in student loans this year?

zane attends kellson university. tuition this year is $16,650. zane has saved $2,200 for his tuition, and he has a scholarship worth $7,000 this year. he will need student loans for the rest. how much money will zane need to borrow in student loans this year?

Answer

Explanation:

Step1: Calculate total non - loan funds

Add the saved amount and scholarship amount. The saved amount is $2200 and the scholarship amount is $7000. So, $2200 + 7000$. $2200+7000 = 9200$

Step2: Calculate loan amount

Subtract the total non - loan funds from the tuition amount. The tuition is $16650. So, $16650-9200$. $16650 - 9200=7450$

Answer:

$7450$