marco predicts he will have $18,750 in expenses for one year of college. he expects to receive $3,450 in…

marco predicts he will have $18,750 in expenses for one year of college. he expects to receive $3,450 in grants annually. how much will marco need to contribute to one semester of his education?\n$5,925\n$7,650\n$11,850\n$15,300

marco predicts he will have $18,750 in expenses for one year of college. he expects to receive $3,450 in grants annually. how much will marco need to contribute to one semester of his education?\n$5,925\n$7,650\n$11,850\n$15,300

Answer

Explanation:

Step1: Calculate annual contribution

First, find the annual amount Marco needs to contribute. Subtract the annual grant amount from the annual expenses. Let the annual expenses be $E = 18750$ and the annual grant be $G=3450$. The annual contribution $A$ is $A = E - G$. $A=18750 - 3450=15300$

Step2: Calculate semester - contribution

Since there are 2 semesters in a year, divide the annual contribution by 2 to get the contribution per semester. Let the semester - contribution be $S$. Then $S=\frac{A}{2}$. $S=\frac{15300}{2}=7650$

Answer:

$7650$, so the answer is B. $7,650$