Question

Makiba herself has been saving $250 every month for four years. She wants to complete a four-year program costing $15,000 a year. How much will have to be covered by scholarships or student loans?

Answers

Answer
thats wrong
Answer
its still wrong??
Answered by GPT 3.5
The total amount saved over four years is $250/month * 12 months/year * 4 years = $<<250*12*4=12000>>12,000.
The total cost of the program over four years is $15,000/year * 4 years = $60,000.
The amount that needs to be covered by scholarships or student loans is $60,000 - $12,000 = $<<60000-12000=48000>>48,000. Answer: \boxed{48,000}.
Answered by GPT 3.5
Apologies for the incorrect response. Let's calculate again:

Makiba has been saving $250 every month for four years, which amounts to $250/month * 12 months/year * 4 years = $12,000.

The four-year program costs $15,000 per year, so the total cost is $15,000/year * 4 years = $60,000.

To determine the amount that will have to be covered by scholarships or student loans, we subtract the amount saved from the total cost: $60,000 - $12,000 = $48,000.

Therefore, Makiba will have to cover $48,000 with scholarships or student loans.
Answered by GPT 3.5
Apologies for the continued errors. Let's calculate again:

Makiba has been saving $250 every month for four years, which amounts to $250/month * 12 months/year * 4 years = $12,000.

The four-year program costs $15,000 per year, which means the total cost is $15,000/year * 4 years = $60,000.

To determine the amount that will have to be covered by scholarships or student loans, we subtract the amount saved from the total cost: $60,000 - $12,000 = $48,000.

Therefore, the amount that will have to be covered by scholarships or student loans is $48,000.

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