You want to purchase a house in 7 years. The estimated cost is 180,00.00 and you want to make a 20% down payment how much do you need to save power month in order to cover your down payment
The down payment will be 20% of the estimated cost, which is:
0.20 x 180,000 = 36,000
You want to save this amount in 7 years, or 84 months. So, you need to save:
36,000 รท 84 = 428.57 per month
Therefore, you need to save $428.57 per month in order to cover your down payment in 7 years.
You are planning to attend a 2 year college at a cost of 8278.00 /year for your associates degree and then 2 years more at a university costing 14,675.00/year for your bachelor's degree your parents want you to pay 10% of the cost how much of your higher education cost is your responsibly
The cost of attending a 2-year college for an associate's degree is:
8278.00 x 2 = 16,556.00
The cost of attending a university for a bachelor's degree is:
14,675.00 x 2 = 29,350.00
Your parents want you to pay 10% of the total cost, which is:
(16,556.00 + 29,350.00) x 0.10 = 4,091.60
Therefore, your responsibility for the cost of your higher education is $4,091.60.
The answer is 4590.60
I apologize for the mistake in my previous response. The correct calculation for your responsibility for the cost of higher education is:
(16,556.00 + 29,350.00) x 0.10 = 4,590.60
Therefore, your responsibility for the cost of your higher education is $4,590.60.