Math Problem Statement
The table shows the cost per year of attending different types of colleges.
Type of College Cost per Year (dollars) Public - 2 year (in state) 4,000 Public - 4 year (in state) 11,000 Public - 4 year (out of state) 28,000 Private - 4 year 38,000
Synclaire is planning to attend college in 5 years. She has saved $1,200 and plans to save another $50 per month over the next 60 months.
Based on this information about Synclaire’s plan, which statement about the possible choices for a college is true? A.Synclaire would be able to afford the costs for one year at a private 4-year college. B.Synclaire would be able to afford out-of-state costs for half a year at a 4-year public college. C.Synclaire would be able to afford in-state costs for half a year at a public 4-year college. D.Synclaire would be able to afford in-state costs for one year at a public 2-year college.
Solution
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Math Problem Analysis
Mathematical Concepts
Arithmetic
Savings Calculation
Cost Comparison
Formulas
Total Savings = Initial Savings + (Monthly Savings × Number of Months)
Theorems
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Suitable Grade Level
Grades 6-8
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