6
QuizMath Formula

Understanding College Savings — Quiz

Question 6 • Economics and Personal Finance

John is about to enter a college in Texas. The total tuition fee for one year is $⁢9,950 He received some financial aid through scholarships, grants, job income, and loans. Scholarship: $⁢1,000 Grant: $⁢1,500 Work study: $⁢2,000 Student college loan: $⁢1,000 After accounting for all the financial aid, how much will John have to pay for his first year of college? Enter your answer in the box.

Answer

Math Formula Answer:

4450

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