the cost for abdul to attend kappa community college (a two - year college) is $8,600 per year. the cost for…
the cost for abdul to attend kappa community college (a two - year college) is $8,600 per year. the cost for abdul to attend omega university (a four - year college) is $11,300 per year. abdul wants to compare the total cost for 4 years of college for the following two plans. plan 1: abdul attends 1 year at kappa community college and then 3 years at omega university. plan 2: abdul attends 2 years at kappa community college and then 2 years at omega university. find the total cost for each plan. then give the plan that costs more and by how much. (a) plan 1 cost: $ (b) plan 2 cost: $ (c) which plan costs more, and by how much? plan 1 plan 1 costs $ more. plan 2 plan 2 costs $ more.
Answer
Explanation:
Step1: Calculate Plan 1 cost
Cost of 1 - year at Kappa + Cost of 3 - years at Omega. Cost at Kappa per year is $8600 and at Omega per year is $11300. So, $8600\times1 + 11300\times3=8600 + 33900 = 42500$.
Step2: Calculate Plan 2 cost
Cost of 2 - years at Kappa + Cost of 2 - years at Omega. So, $8600\times2+11300\times2=(8600 + 11300)\times2=19900\times2 = 39800$.
Step3: Compare costs
Subtract the lower cost from the higher cost. $42500-39800 = 2700$.
Answer:
(a) Plan 1 cost: $42500 (b) Plan 2 cost: $39800 (c) Plan 1 Plan 1 costs $2700 more.