Welcome to Westonci.ca, the Q&A platform where your questions are met with detailed answers from experienced experts. Ask your questions and receive accurate answers from professionals with extensive experience in various fields on our platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.
Sagot :
To determine the minimum amount Darian should expect to contribute for four years at the university, let's follow these steps:
1. Calculate the Total Annual Expenses:
Darian's expected annual expenses are:
- Tuition: [tex]$18,900 - Room/Board: $[/tex]7,650
- Books/Fees: [tex]$1,475 - Other Expenses: $[/tex]2,350
Adding these together:
[tex]\[ 18,900 \, (\text{tuition}) + 7,650 \, (\text{room/board}) + 1,475 \, (\text{books/fees}) + 2,350 \, (\text{other expenses}) = 30,375 \][/tex]
Therefore, Darian's total annual expenses amount to [tex]$30,375. 2. Calculate the Annual Contribution After Grants: Darian expects to receive $[/tex]7,500 in grants each year. To find the amount he needs to contribute annually after grants:
[tex]\[ 30,375 \, (\text{total annual expenses}) - 7,500 \, (\text{annual grants}) = 22,875 \][/tex]
So, Darian's annual contribution after grants is [tex]$22,875. 3. Calculate the Total Contribution for Four Years: To find the total contribution for four years, multiply the annual contribution by 4: \[ 22,875 \, (\text{annual contribution}) \times 4 \, (\text{years}) = 91,500 \] Thus, over four years, Darian should expect to contribute a total of $[/tex]91,500.
Therefore, the minimum amount Darian should expect to contribute for four years at the university is [tex]$91,500. Hence, the correct answer is $[/tex]\[tex]$ 91,500$[/tex].
1. Calculate the Total Annual Expenses:
Darian's expected annual expenses are:
- Tuition: [tex]$18,900 - Room/Board: $[/tex]7,650
- Books/Fees: [tex]$1,475 - Other Expenses: $[/tex]2,350
Adding these together:
[tex]\[ 18,900 \, (\text{tuition}) + 7,650 \, (\text{room/board}) + 1,475 \, (\text{books/fees}) + 2,350 \, (\text{other expenses}) = 30,375 \][/tex]
Therefore, Darian's total annual expenses amount to [tex]$30,375. 2. Calculate the Annual Contribution After Grants: Darian expects to receive $[/tex]7,500 in grants each year. To find the amount he needs to contribute annually after grants:
[tex]\[ 30,375 \, (\text{total annual expenses}) - 7,500 \, (\text{annual grants}) = 22,875 \][/tex]
So, Darian's annual contribution after grants is [tex]$22,875. 3. Calculate the Total Contribution for Four Years: To find the total contribution for four years, multiply the annual contribution by 4: \[ 22,875 \, (\text{annual contribution}) \times 4 \, (\text{years}) = 91,500 \] Thus, over four years, Darian should expect to contribute a total of $[/tex]91,500.
Therefore, the minimum amount Darian should expect to contribute for four years at the university is [tex]$91,500. Hence, the correct answer is $[/tex]\[tex]$ 91,500$[/tex].
We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.