What Was the Average Cost to Educate a Student in Public

question 21

Multiple Choice

What was the average cost to educate a student in public elementary and secondary schools in 2011?

• A) $3,420
• B) $5,260
• C) $8,110
• D) $10,560
• E) $14,970

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Definitions:

Trade-In Allowance

The value credited to the purchaser when they trade in a used item towards the purchase of a new item.

Machinery

Mechanical devices or equipment that perform various tasks on a job site, in a manufacturing or production environment.

Trade-In Allowance

The amount credited to a buyer for the value of a traded item towards the purchase of a new item.

Accumulated Depreciation

The aggregate depreciation cost allocated to a fixed asset since its initial purchase.