7
QuizMultiple Choice

Planning for the Cost of College — Quiz

Question 7 • Economics and Personal Finance

The total estimated cost of attending a public two-year college in Hasani’s home town last year was 2 dollars comma 265 The cost of attending the college is expected to increase 5 percent annually. Hasani plans to enter the college this year and attend for 2 years. Which is the best estimate for the total cost Hasani will pay for only his second year?

Answer
A
2 dollars comma 497 point 1 6
B
2 dollars comma 270 point 6 6
C
2 dollars comma 491 point 5 0
D
2 dollars comma 275 point 0 0
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