Question
Alvin wants to become a welder. He can save $250 a month for two years, and his family has promised to help him with the rest. His training will cost approximately $9,500. How much will his family need to pay?(1 point) Responses $3,500 $3,500 $2,000 $2,000 $5,500 $5,500 $1,000 $1,000
Answers
GPT-4o mini
To find out how much Alvin's family needs to pay, we first need to calculate how much Alvin will save in two years.
Alvin saves $250 a month for 24 months (2 years):
\[
\text{Total savings} = 250 \, \text{(savings per month)} \times 24 \, \text{(months)} = 6,000
\]
Now, we subtract Alvin's savings from the total cost of the training to find out how much his family needs to contribute:
\[
\text{Family contribution} = 9,500 \, \text{(total cost)} - 6,000 \, \text{(savings)} = 3,500
\]
Thus, Alvin's family will need to pay **$3,500**.
Alvin saves $250 a month for 24 months (2 years):
\[
\text{Total savings} = 250 \, \text{(savings per month)} \times 24 \, \text{(months)} = 6,000
\]
Now, we subtract Alvin's savings from the total cost of the training to find out how much his family needs to contribute:
\[
\text{Family contribution} = 9,500 \, \text{(total cost)} - 6,000 \, \text{(savings)} = 3,500
\]
Thus, Alvin's family will need to pay **$3,500**.