Hans wants to attend a college that will cost $26,500 for the first year. His uncle gave him a special gift of $2,500 to use toward the cost. Hans plans to attend the college in 8 years. How much must Hans save each month to have enough for the first-year cost?
Hans wants to attend a college that will cost $26,500 for the first year. His uncle gave him a special gift of $2,500 to use toward the cost. Hans plans to attend the college in 8 years. How much must Hans save each month to have enough for the first-year cost?
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.3: Solve Mixture Applications
Problem 3.65TI: Remy has $14,000 to invest in two mutual funds. One fund pays interest at 4% per year and the other...
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Hans wants to attend a college that will cost $26,500 for the first year. His uncle gave him a special gift of $2,500 to use toward the cost. Hans plans to attend the college in 8 years. How much must Hans save each month to have enough for the first-year cost?
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