Answer the Question. -You Have a Choice Between Going to an In-State College

Multiple Choice

Answer the question.
-You have a choice between going to an in-state college where you would pay $6000 per year for tuition and an out-of-state college where the tuition is $12,000 per year. The cost of living is higher
At the in-state college, where you can expect to pay $1000 per month in rent, compared to $600 per
Month at the other college. You will pay $2000 per year to travel back and forth from the
Out-of-state college. Assuming all other factors are equal, which is the less expensive choice on an
Annual basis? Find the cost of each college for one year.

A) In-state $18,300, out-of-state $19,200
B) In-state $18,300, out-of-state $21,200
C) In-state $18,000, out-of-state $19,200
D) In-state $18,000, out-of-state $21,200