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The total cost of attending a university is $15,700 for the first year. A student's...

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Algebra

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The total cost of attending a university is $15,700 for the first year. A student's parents will pay one-fourth of this cost. An academic scholarship will pay $3,000. Which amount is closest to the minimum amount the student will need to save every month in order to pay off the remaining cost at the end of 12 months?

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