SOLUTION: I please need help with this word problem. Marcus owes $885 for tuition. Financial aid will pay 50% of cost, and a scholarship will pay 20% of what remains. How much money will

Algebra ->  Test -> SOLUTION: I please need help with this word problem. Marcus owes $885 for tuition. Financial aid will pay 50% of cost, and a scholarship will pay 20% of what remains. How much money will       Log On


   

Question 733832: I please need help with this word problem.
Marcus owes $885 for tuition. Financial aid will pay 50% of cost, and a scholarship will pay 20% of what remains. How much money will Marcus owe? Show your work.
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
50% of 885 = 0.5*885 = 442.50

So financial aid will provide $442.50

This means that there is 885 - 442.50 = 442.50 dollars left to pay for.

-------------------------------------------------------

20% of 442.50 = 0.2*442.50 = 88.5

The scholarship will pay $88.50

442.50 - 88.50 = 354

So Marcus still owes $354