Caleb will attend college where tuition is $23,000 a year. Books and supplies are $1200, housing and food are $11,000, transportation is $3000, and other expenses are $1200 a year. His parents contribute $10,000 a year. Caleb receives a $5000 grant and gets a work-study job that pays $4000 per year. Caleb will get a student loan for the balance. How much does he need to borrow?

A. 9,500
B. 11,500
C. 20,400
D. 21,500

Question

Caleb will attend college where tuition is $23,000 a year. Books and supplies are $1200, housing and food are $11,000, transportation is $3000, and other expenses are $1200 a year. His parents contribute $10,000 a year. Caleb receives a $5000 grant and gets a work-study job that pays $4000 per year. Caleb will get a student loan for the balance. How much does he need to borrow?

A. 9,500
B. 11,500
C. 20,400
D. 21,500

anonymous · Answer

how much is the student loan, 10% ......100%?