Barney is a full-time graduate student at State University.He serves as a research assistant for which he is paid $700 per month for 9 months and his $5,000 tuition is waived.In addition,he receives a $1,500 research grant to pursue his own research and studies.Barney's gross income from the above is:

Question

Quizplus · Accepted Answer

Barney's gross income includes his salary as a research assistant, the value of his waived tuition, and his research grant.

Salary:

$700 x 9 months = $6,300

Waived tuition:

$5,000

Research grant:

$1,500

Adding these together:

$6,300 + $5,000 + $1,500 = $11,800

Therefore, the correct answer is (C) $11,300.

Barney Is a Full-Time Graduate Student at State University