subject
Mathematics, 12.12.2020 20:10 cesarcastellan9

Mark is graduating from college in six months, but he will need a loan in the amount of $7,038 for his last semester. He may either receive an unsubsidized Stafford Loan with an interest rate of 6.8%, compounded monthly, or his parents may obtain a PLUS Loan with an interest rate of 7.8%,
compounded monthly. The Stafford Loan has a grace period of six months from the time of graduation. Which loan will have a higher balance at the
time of repayment and by how much?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
How can we find the measure of an exterior angle if we know the measurement of an interior angle
Answers: 2
question
Mathematics, 21.06.2019 14:30
In trapezoid efgh, m∠hef=(4x2+16)∘ and m∠gfe=(5x2+12)∘. find the value of x so that efgh is isosceles.
Answers: 1
question
Mathematics, 21.06.2019 15:10
Point a is located at (0, 4), and point c is located at (βˆ’3, 5). find the x value for the point b that is located one fourth the distance from point a to point c. βˆ’0.25 βˆ’0.5 βˆ’0.75 βˆ’1
Answers: 1
question
Mathematics, 21.06.2019 15:30
What is the value of x? enter your answer in the box. photo attached.
Answers: 2
You know the right answer?
Mark is graduating from college in six months, but he will need a loan in the amount of $7,038 for h...
Questions
question
Mathematics, 03.04.2020 04:39
question
Health, 03.04.2020 04:39
question
Mathematics, 03.04.2020 04:39
question
Biology, 03.04.2020 04:40
Questions on the website: 13722363