Answer: $541.6
Step-by-step explanation:
Tuition = $8,250 per semester.
Every year, there two semesters and she's spending 4 years in college which is a total of 8 semesters.
Tuition and other expenses = $8,250 * 8 = $66,000. This is the amount she needs to complete her program in 4 years.
However, she gets assistance from her parents and financial aid in the sum of $15,000 and $4,750 per semester (in 8 semesters, she gets $38,000).
Total amount of assistance = $15,000 + $38,000 = $53,000.
Actual amount she needs to save = total amount needed - total amount of assistance
= $66,000 - $53,000 = $13,000
In two years, she needs to save $13,000 and monthly ;
$13,000 / 24 months = $541.6
