Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Our platform connects you with professionals ready to provide precise answers to all your questions in various areas of expertise. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Catherine is using the table to predict the cost of one year of education at a four-year private college.

| Category | Predicted Cost |
|--------------------|----------------|
| Tuition | [tex]$32,250 |
| Room and board | $[/tex]10,590 |
| Transportation | [tex]$2,460 |
| Books and fees | $[/tex]1,980 |
| Other | [tex]$750 |

She predicts she will receive $[/tex]14,000 in grants annually. Catherine does not own a car and plans to live near campus where she will rely on the free bus system for transportation.

What is the minimum amount Catherine should expect to contribute to her education annually?

A. [tex]$31,570
B. $[/tex]34,030
C. [tex]$45,570
D. $[/tex]48,030


Sagot :

To determine the minimum amount Catherine should expect to contribute to her education annually, let's follow these steps:

1. Identify the costs:
- Tuition: [tex]\( \$32,250 \)[/tex]
- Room and board: [tex]\( \$10,590 \)[/tex]
- Transportation: [tex]\( \$2,460 \)[/tex] (but not applicable as she will use the free bus system)
- Books and fees: [tex]\( \$1,980 \)[/tex]
- Other: [tex]\( \$750 \)[/tex]

2. Exclude the transportation cost:
Since Catherine will be using the free bus system, we do not need to include the transportation cost in her total predicted cost.

3. Calculate the total predicted cost:
Add up the costs excluding transportation:
[tex]\[ \text{Total predicted cost} = \$32,250 + \$10,590 + \$1,980 + \$750 = \$45,570 \][/tex]

4. Consider the grants:
Catherine predicts she will receive [tex]\( \$14,000 \)[/tex] in grants annually.

5. Determine the minimum contribution:
Subtract the grant amount from the total predicted cost:
[tex]\[ \text{Minimum contribution} = \$45,570 - \$14,000 = \$31,570 \][/tex]

So, the minimum amount Catherine should expect to contribute to her education annually is [tex]\( \$31,570 \)[/tex]. Thus, the correct answer is:

- [tex]\( \$31,570 \)[/tex]