Tuition for one year at a state university is about $13,000. Devon would like to attend this university and will save money each month for the next 4 years. His parents will give him $5,200 for his first year of tuition. Which plan shows the minimum amount of money Devon must save to have enough money to pay for his first year of tuition?

$162.50 per month for the next 4 years

Step-by-step explanation:

Here are the options to this question :

Save $270.83 per month for the next 4 years

Save $162.50 per month for the next 4 years

Save $650.00 per month for the next 4 years

Save $108.33 per month for the next 4 years

If Devon's parents would give him $5,200 for his first year of tuition, Devon needs to save a minimum of :

$13,000 - $5,200 = $7,800

If he saves per month for the next four months, he would save 48 times ( 12 months in a year multiplied by 4 years)

The minimum he should save per month = $7800 / 48 = $162.50

42.4

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convert to decimal

false

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