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Mathematics, 14.05.2021 03:50 jasjas12
Henry is planning to attend a public university after he graduates from high school in 3 years. He is devising a plan to save money each month to help with the expenses of attending the university. The cost of attending the public university for one-year is $26,500. His family has promised to contribute $13,450 each year he is in school. What is the minimum amount of money Henry must contribute to his savings per month for the next 3 years to have enough money to pay for his first year of tuition?
a
$501.32
b
$362.50
c
$294.38
d
$482.35
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