kirk and his family decide it is more reasonable for him to attend the local community college. they want to…

kirk and his family decide it is more reasonable for him to attend the local community college. they want to save for the cost of his first - year in the automotive program. the local community college program is expected to be $6,845 per year. which is the most reasonable goal for kirk and his family to plan to save? they should save $225 a month for 2 years. they should save $200 a month for 3 years. they should save $100 a month for 4 years. they should save $75 a month for 5 years.

kirk and his family decide it is more reasonable for him to attend the local community college. they want to save for the cost of his first - year in the automotive program. the local community college program is expected to be $6,845 per year. which is the most reasonable goal for kirk and his family to plan to save? they should save $225 a month for 2 years. they should save $200 a month for 3 years. they should save $100 a month for 4 years. they should save $75 a month for 5 years.

Answer

Explanation:

Step1: Calculate total savings for each option

  • Option 1: $75\times12\times5 = 4500$
  • Option 2: $100\times12\times4=4800$
  • Option 3: $200\times12\times3 = 7200$
  • Option 4: $225\times12\times2=5400$

Step2: Compare with the goal

The goal is $6845$. Option 3 with total savings of $7200$ is the closest and sufficient to meet the goal.

Answer:

They should save $200$ a month for 3 years.