# Can you answer this math problem?

Answers:3 | LastUpdateAt:2018-07-24 00:56:00

**Q**uestion- yard
- Asked at 2012-08-25 15:49:19

Gad is graduating from college in six months, but will need a loan in the amount of $ 8,375 for his last semester . Or you may receive an unsubsidized Stafford loan , with an interest rate of 6.8 % , compounded monthly , or their parents can get 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. What loan will have a better balance in the time of payment and how ? MedlinePlus
MedlinePlus
The Stafford Loan has a higher balance $ 255.61 . MedlinePlus
The Stafford Loan has a higher balance $ 564.69 . MedlinePlus
The PLUS loan has a balance of $ 448.35 higher . MedlinePlus
The PLUS loan has a balance of over $ 89.53 in .

Answer1caroAnswered at 2012-09-16 11:35:03

I need help with this question too! ! ! ! ! ! ! ! MedlinePlus
I hope someone help me! !

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