Read and answer the question shown below. 20 points
Misty plans to attend Austin College in Sherman, Texas. She researched and estimated the
following expenses for a year if she lives on-campus.
Tuition and Fees
Room and Board
Books
Other
TOTAL
$33,830
$11,715
$2,500
$2,500
$50,545
Misty has a $1,000 scholarship from the PTA where she attended elementary school. She
plans on working part-time during college. She estimates she can earn $500 a month for the 9
months she will be there. Her parents are going to pay the expenses in 4 equal payments,
about how much will each payment be after her scholarship and her earnings are applied to the
cost?
A $41,945
B $10,486.25
C $11,261.25
D $11,286.25
lits