• Meredith and her family are discussing how to pay for her college education. The cost of tuition at the college that Meredith wants to attend is $11,500 per year. Meredith’s parents will pay 75% of the tuition cost every year, and she will pay the rest. Meredith has one year to save enough money to attend the first year of college. What is the minimum amount of money she should save very month in order to reach her goal?