Question

Kamille is attending a community college to obtain a two-year degree. the annual cost of tuition is $3,750. Kamille has obtained an annual scholarship of $1,250 and anual grants in the amount of $835. the remainder of kamille’s tuition and fees will be paid be paid for using student loans. At the end of the two-year degree, what will kamille’s student loan balance be ?

Answer 1

The balance of student loan will be $3330 at the end of two year degree.

Step-by-step explanation:

Annual cost of tuition = $3750

As it is two year degree, therefore, total cost of tuition;

Total cost of tuition = 3750*2 = $7500

Annual scholarship = $1250

Annual grant = $835

Total = 1250 + 835 = $2085

As this is one year amount, she will get same the next year.

Total amount received in 2 years = 2085*2 = $4170

Balance in student loans = Total cost of tuition - Total amount received as grant and scholarship

Balance in student loan = $7500-4170 =\ 3330$

The balance of student loan will be $3330 at the end of two year degree.

Keywords: multiplication, subtraction

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Answer 2

Answer:

The balance of student loan will be $3330 at the end of two year degree.

Step-by-step explanation: