Answer
Richard need to contribute to his annual college expenses is $ 12425 .
Explanation:
As given
Richard’s annual college expenses are expected to total $17,745.
He will receive $5,320 in grants.
Thus
Richard contribute to annual college expenses = Annual college expenses - Grant amount .
Putting values in the above
Richard contribute to annual college expenses = 17745 - 5320
= $ 12425
Therefore Richard need to contribute to his annual college expenses is $ 12425 .
