I need help Elena is graduating from high school. She will attend a private, 4-year university and study to become a Certified Public Accountant. The annual cost for her tuition, room and board, and books is $22,255. Elena’s parents have a college fund with $54,000 to help with the cost. Elena received a scholarship for $500 per semester for four years.
Which method of paying for the remainder of her college tuition each year will cost Elena the least?