The table shows the cost for one year of college. Suppose you have $6,000 in grants and scholarships to attend your first year of college. If you plan to attend a 4-year public college (in-state) and live at home, how much money must you contribute each semester of your first year to pay your tuition?
To determine the amount of money you must contribute each semester of your first year, you first need to subtract the grants and scholarships you have received from the total cost for one year of college. Let's assume the table is not provided, so we will make some assumptions about the average cost.
Let's say the total cost for one year of college is $20,000. Subtracting the $6,000 in grants and scholarships, we have $20,000 - $6,000 = $<<20000-6000=14000>>14,000.
Since you plan to attend a 4-year public college and live at home, you can divide the remaining cost by 2 to get the amount you need to contribute each semester. So, $14,000 / 2 = $<<14000/2=7000>>7,000.
Therefore, you must contribute $7,000 each semester of your first year to pay your tuition.