8. Randy estimates it will cost $11,000 for the tuition for his first year of college. He has a scholarship worth $1,000 and a grant for $2,000. His parents will pay the remaining tuition in 4 equal payments. How much will each payment be?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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How much will each payment be?

8. Randy estimates it will cost $11,000 for the
tuition for his first year of college. He has a
scholarship worth $1,000 and a grant for
$2,000. His parents will pay the remaining
tuition in 4 equal payments. How much will
each payment be?
A. $4,000
B. $3,000
C. $2,000
D. $3,500
Transcribed Image Text:8. Randy estimates it will cost $11,000 for the tuition for his first year of college. He has a scholarship worth $1,000 and a grant for $2,000. His parents will pay the remaining tuition in 4 equal payments. How much will each payment be? A. $4,000 B. $3,000 C. $2,000 D. $3,500
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