34
QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 34 • DRHS GA-GSE Personal Financial Literacy

Giselle used the table to predict the cost of one year of college. CategoryEstimated Cost 2017–2018tuition$12,450room and board$10,125transportation$2,600books and fees$2,250other$1,250Giselle predicts that she will receive a grant for $4,000. If she has 4 years in which to save, what is the minimum monthly amount she should deposit in an interest bearing savings account to be able to pay her contribution for one year of college?

Answer
A
$400
B
$500
C
$600
D
$700
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