Home
/
Math
/
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

Question

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

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

expert verifiedVerification of experts

Answer

4.3138 Voting
avatar
RosalindMaster · Tutor for 5 years

Answer

<p> B</p>

Explain

<p> 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 $11,750 + $11,500 = $23,250.<br /><br />Next, we add up the financial aid the college is offering her — the grants & scholarship and the work-study. This amounts to $9,000 + $7,000 = $16,000.<br /><br />Now, we subtract this financial aid from the overall college costs to find out how much she still needs to pay. This gives us $23,250 - $16,000 = $7,250.<br /><br />However, Sophie's parents will contribute $3,500 every year. So, we subtract this amount from the amount Sophie still needs to pay. This gives us $7,250 - $3,500 = $3,750. So, Sophie will need to pay $3,750 each year from her own savings and from loans.<br /></p>
Click to rate: