Answer:
The full scholarship fund will be 4000
Step-by-step explanation:
When doing these types of problems I like to do this.
1500 ÷ 3 = 500 (We do this because you want to find out what 1/8 is)
Since 500 is 1/8 of the part, all you have to do is multiply 500 by 8
500 × 8 = 4000
