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111.28.B.12.g Cost of attending of college
Quiz by Quizalize - Grade 8 Math
Grade 8
Mathematics
Texas Essential Knowledge and Skills (TEKS)
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10 questions
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- Q1The total cost of attending a university is $15,700 for the first year. A student’s parents will pay one-fourth of this cost. An academic scholarship will pay $3,000 Which amount is closest to the minimum amount the student will need to save every month in order to pay off the remaining cost at the end of 12 months?$925$731.25$704.75$835.50120s8.12.G: Personal Financial Literacy
- Q2The total cost of attending a university is $21,300 for the first year. A student’s parents will pay one-third of this cost. An academic scholarship will pay $1,000 An athletic scholarship will pay $4,000 Which amount is closest to the minimum amount the student will need to save every month in order to pay off the remaining cost at the end of 12 months?$175$548.33$245.67$766.67120s8.12.G: Personal Financial Literacy
- Q3The total cost of attending a university is $18,900 for the first year. A student’s godparents will pay two-fifths of this cost. A grant will pay $2,500 Which amount is closest to the minimum amount the student will need to save every month in order to pay off the remaining cost at the end of 6 months?$421.67$843.33$736.67$1473.33120s8.12.G: Personal Financial Literacy
- Q4Owen and his family are discussing how to pay for his college education. The cost of tuition at the college that Owen wants to attend is $12,000 per year. Owen’s parents will pay 60% of the tuition cost every year and he will pay the rest. Owen has one year to save for enough money to attend his first year of college. What is the minimum amount of money he should save every month in order to reach his goal?$600$400$300$500120s8.12.G: Personal Financial Literacy
- Q5Emily and her family are discussing how to pay for her college education. The cost of tuition at the college that Emily wants to attend is $5,000 per semester. Emily’s parents will pay 70% of the tuition cost every semester and she will pay the rest. Emily has one year to save for enough money to attend her first two semesters of college. What is the minimum amount of money he should save every month in order to reach his goal?$250$550$350$450120s8.12.G: Personal Financial Literacy
- Q6Andrew and his family are discussing how to pay for his college education. The cost of tuition at the college that Andrew wants to attend is $8,000 per semester. Andrew’s parents will pay 90% of the tuition cost every semester and he will pay the rest. Andrew has two years to save for enough money to attend two years of college. What is the minimum amount of money he should save every month in order to reach his goal?$133.33$166.67$99.67$233.33120s8.12.G: Personal Financial Literacy
- Q7An eighth-grade student estimated that he needs $9,500 for tuition and fees for each year of college. He already has $6,000 in a savings account. The table shows the projected future value of the account in five years based on different monthly deposits. The student wants to have enough money saved in five years to have enough money in tuition and fees for all four years of college. Based on the table, what is the minimum amount he should deposit in the savings account every month?$300$400$600$500120s8.12.G: Personal Financial Literacy
- Q8An eighth-grade student estimated that he needs $7,200 for tuition and fees for each year of college. She already has $3,000 in a savings account. The table shows the projected future value of the account in five years based on different monthly deposits. The student wants to have enough money saved in five years to have enough money in tuition and fees for the first two years of college. Based on the table, what is the minimum amount she should deposit in the savings account every month?$400$300$200$100120s8.12.G: Personal Financial Literacy
- Q9A seventh-grade student estimated that he needs $10,400 for tuition and fees for each year of college. He already has $8,000 in a savings account. The table shows the projected future value of the account in six years based on different monthly deposits. The student wants to have enough money saved in six years to have enough money in tuition and fees for all four years of college. Based on the table, what is the minimum amount he should deposit in the savings account every month?$300$400$600$500120s8.12.G: Personal Financial Literacy
- Q10Tuition for one year at a private university is $21,500. Henry would like to attend this university and will save money each month for the next 4 years. His parents will give him $8,000 for his first year of tuition. Which plan shows the minimum amount of money Henry must save in order to have enough money to pay for his first year of tuition?$245.50$1125$281.25$345.75120s8.12.G: Personal Financial Literacy