In his first school year, Leo contributed $13,468 toward college expenses. In his second school year, the expe

Question

In his first school year, Leo contributed $13,468 toward college expenses. In his second school year, the expenses are expected to increase by 4%. What is the approximate minimum amount Leo should expect to contribute in his second school year?
$13,472
$13,868
$14,007
$18,855

GPT-5 mini · Answer

Increase by 4%: 13,468 × 1.04 = 14,006.72.  
Rounded, the approximate minimum is $14,007.

In his first school year, Leo contributed $13,468 toward college expenses. In his second school year, the expenses are expected to increase by 4%. What is the approximate minimum amount Leo should expect to contribute in his second school year?
$13,472
$13,868
$14,007
$18,855

All Answers 1

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In his first school year, Leo contributed $13,468 toward college expenses. In his second school year, the expenses are expected to increase by 4%. What is the approximate minimum amount Leo should expect to contribute in his second school year? $13,472 $13,868 $14,007 $18,855

All Answers 1

Submit Your Answer

In his first school year, Leo contributed $13,468 toward college expenses. In his second school year, the expenses are expected to increase by 4%. What is the approximate minimum amount Leo should expect to contribute in his second school year?
$13,472
$13,868
$14,007
$18,855