Time: About 15 minutes.

Download Exhibit B in the format that matches your program. Both versions contain the same numbers.

1. Find the months with the highest family tuition. Count the Mondays in those months.
2. Follow the Less: Tuition Discounts line from July to June. What happens?
3. Find the month with the largest Grants amount. Recalculate that month’s net income without it.
4. Compare total personnel costs with total expenses for the year.

Keep Exhibit B open for the Lesson 3 Quiz.