Mathematics, 18.12.2020 17:00 Joosee4075
Alyssa may apply for an unsubsidized Stafford Loan with an interest rate of 6.8%, compounded monthly and a grace period of six months from the time of graduation. Or, Alyssa may have her parents apply for a PLUS Loan with an interest rate of 7.8%, compounded monthly. She will be graduating from college in a year and a half and needs a loan in the amount of $11,895. Which loan is the better choice and why?
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Alyssa may apply for an unsubsidized Stafford Loan with an interest rate of 6.8%, compounded monthly...
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