Question
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
Answers
GPT-4o mini
To find out how much Alvin's family will need to pay, we first need to calculate how much money Alvin will save over two years.
Alvin saves $250 a month for 24 months (2 years):
\[
\text{Total savings} = 250 \text{ dollars/month} \times 24 \text{ months} = 6,000 \text{ dollars}
\]
Next, we will subtract his total savings from the cost of his training:
\[
\text{Cost of training} - \text{Total savings} = 9,500 \text{ dollars} - 6,000 \text{ dollars} = 3,500 \text{ dollars}
\]
Therefore, his family will need to pay **$3,500**.
Alvin saves $250 a month for 24 months (2 years):
\[
\text{Total savings} = 250 \text{ dollars/month} \times 24 \text{ months} = 6,000 \text{ dollars}
\]
Next, we will subtract his total savings from the cost of his training:
\[
\text{Cost of training} - \text{Total savings} = 9,500 \text{ dollars} - 6,000 \text{ dollars} = 3,500 \text{ dollars}
\]
Therefore, his family will need to pay **$3,500**.