Risk is planning to attend a two-year university. The list below shows the estimated costs for one year. His family devised a periodic savings plan that will have a total value of $29,000 by the time...




Risk is planning to attend a two-year university.  The list below shows the estimated costs for one year.  His family devised a periodic savings plan that will have a total value of $29,000 by the time Rick will begin college.  Rick also earned a scholarship that will pay for the first year.  With the scholarship and his family's contribution, for how many years of college will be paid: Round to the nearest tenth.



Two-Year University Estimated Costs


Tuition and Fees.            $5,650.00


Room and Board.            $2,970.00


Books and Supplies        $1,400.00


Personal Expenses.         $2,100.00


























 a


about 2.1 years


 b


about 2.4 years


 c


about 3.2 years


 d


about 3.4 years





Jun 08, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here