We need to find out the total amount of money that Nyella needs to save in order to have enough for her first year of tuition. Her parents will give her $12,500, so she needs to save an additional amount.
Since tuition for one year is $30,000 and her parents are giving her $12,500, she needs to save $30,000 - $12,500 = $17,500.
Now we need to divide this amount by the number of months she has to save, which is 3 years or 12 months per year for a total of 3 * 12 = 36 months.
Therefore, Nyella needs to save $17,500 / 36 = $486.11 per month.
The correct answer is B. Save $486.11 per month for 3 years.
Tuition for one year at a state university is about $30,000. Nyella would like to attend this university and will save money each month for the next 3 years. Her parents will give her $12,500 for her first year of tuition. What plan shows the minimum amount of money Nyella must save to have enough money to her first year of tuition?
A Save $833.33 per month for 3 years
B Save $486.11 per month for 3 years
C Save $1,180.56 per month for 3 years
Save $364.58 per month for 3 years
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