tara decides to attend the out - of - state college because they have a better math education program. the…

tara decides to attend the out - of - state college because they have a better math education program. the table shows the expected yearly costs of the school.\n| | tuition | room/board | books/lab | transportation | other |\n|--|--|--|--|--|--| \n| out - of - state college costs | $24,500 | $8,940 | $1,950 | $1,390 | $1,800 |\ntara expects to receive about $9,500 in federal grants each year. what is the minimum amount she should expect to pay for all four years of college?\nwhat will be the total costs for taras first year at the out - of - state college?
Answer
Explanation:
Step1: Find the total cost for the first - year
Add up all the cost components for the first - year: $24500 + 8940+1950 + 1390+1800$. $24500+8940 + 1950+1390+1800=(24500+8940)+1950+(1390 + 1800)=33440+1950 + 3190=35390+3190 = 38580$.
Step2: Calculate the net cost for the first - year
Subtract the federal grant from the first - year total cost. The federal grant is $9500$. $38580−9500 = 29080$.
Step3: Calculate the total cost for four years
Since we want the total cost for four years, and we assume the net cost per year is the same (at least for the minimum - cost calculation), multiply the net cost of the first year by 4. $29080\times4=116320$.
Answer:
The total costs for Tara's first year at the out - of - state college after the grant is $29080$. The total costs for all four years of college is $116320$.