Sophie is attending college next year. She just got information on the college costs and the financial aid college is offering. Sophie knows her parents can contribute 3,500 each year. multicolumn(2)(|c|)( Sophie's College Costs & Financial Aid Package per Year ) Costs & Financial Aid Package Tuition & Fees & Grants & Scholarship 11,750 & 9,000 Room & Board & Work-Study 11,500 & 7,000 How much will Sophie need to pay each year from her own savings and from loans? 2,750 3,750 7,250 10,750

This question is a simple addition and subtraction problem set in a real-life scenario. To solve this question, we first add up Sophie's annual college costs which includes the tuition & fees and the room & board. That gives us 11,500 = 9,000 + 16,000.Now, we subtract this financial aid from the overall college costs to find out how much she still needs to pay. This gives us 16,000 = 3,500 every year. So, we subtract this amount from the amount Sophie still needs to pay. This gives us 3,500 = 3,750 each year from her own savings and from loans.