Claire is attending a university where tuition for one year costs $18,500. She has a scholarship worth $3,500 per year. She earns $700 per year at her part time job. She plans to take out a loan to cover the remaining tuition costs. Tuitions will increase by $100 each year. If she completes college in four years, how much money will Claire need to borrow.
A) $48,100
B) $57,800
C) $65,700
D) $70,200
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Home » Mathematics » Claire is attending a university where tuition for one year costs $18,500. She has a scholarship worth $3,500 per year. She earns $700 per year at her part time job. She plans to take out a loan to cover the remaining tuition costs.