3 To help pay for one year of her college education, Isabel did the following ...- Utilized $4,125 of her personal savings- Earned an academic scholarship in the amount of $7,500- Acquired a student loan in the amount of $6,500- Earned a grant in the amount of $3,750What is Isabel expected to pay back?
Q. 3 To help pay for one year of her college education, Isabel did the following ...- Utilized $4,125 of her personal savings- Earned an academic scholarship in the amount of $7,500- Acquired a student loan in the amount of $6,500- Earned a grant in the amount of $3,750What is Isabel expected to pay back?
Identify Amounts: question_prompt: How much money does Isabel need to pay back for her college education? Step 1: Identify the amounts that need to be paid back.Personal savings don't need to be paid back.Scholarships don't need to be paid back.Student loans do need to be paid back.Grants don't need to be paid back.So, we only add the student loan amount.
Calculate Total: Step 2: Calculate the total amount Isabel needs to pay back.$6,500 (student loan) = $6,500
Check for Errors: Step 3: Check for any math errors in the calculation.No errors in adding the loan amount.
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