Expenses for Joey's college attendance next year are

as follows (in $):

Tuition = 8400

Dormitory = 5400

Meals Unif(900,1350)

Entertainment Unif(600,1200)

Transportation Unif(200,600)

Books Unif(400,800)

Here are the income streams the student has for next year:

Scholarship = 3000

Parents = 4000

Waiting Tables Unif(3000,5000)

Library Job Unif(2000,3000)

Use Monte Carlo simulation to estimate the expected value of the loan that will be

needed to enable Joey to go to college next year.