david estimates that he will have expenses totaling $24,870 for one year of college. he will receive $7,560…

david estimates that he will have expenses totaling $24,870 for one year of college. he will receive $7,560 in grants. how much will david have to contribute each semester during this year?\n$4,875\n$8,655\n$9,750\n$17,310

david estimates that he will have expenses totaling $24,870 for one year of college. he will receive $7,560 in grants. how much will david have to contribute each semester during this year?\n$4,875\n$8,655\n$9,750\n$17,310

Answer

Explanation:

Step1: Calculate net - expense

Subtract the grant amount from the total annual expense. $24870 - 7560=17310$

Step2: Calculate per - semester contribution

Divide the net - expense by 2 (since there are 2 semesters in a year). $\frac{17310}{2}=8655$

Answer:

$8,655$