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A university has raised $5,000 for a new scholarship fund. A university trustee offers to match the donation up to 25% if the university can raise $2,500 more for the fund. If the university is able to raise the extra amount, how much money will be in the fund after the trustee's donation?

Respuesta :

After you add 2,500 to 5,000 and then multiply it by 25% you receive the amount $9,375

Answer:

The answer is $9375.

Step-by-step explanation:

A university has raised $5,000 for a new scholarship fund.

A university trustee offers to match the donation up to 25% if the university can raise $2,500 more for the fund.

This means if the university raises [tex]5000+2500=7500[/tex] then the trustee will donate 25% of this amount.

So, the trustee will donate = [tex]0.25\times7500=1875[/tex] dollars

And total fund will be = [tex]7500+1875=9375[/tex] dollars

So, the answer is $9375.

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