Earl is graduating from college in one year, but he will need a loan in the amount of $3,650 for his last two semesters. he may either receive an unsubsidized stafford loan with an interest rate of 6.8%, compounded monthly, or his parents may 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. which loan will have a higher balance and by how much at the time of repayment? (2 points) select one: a. the stafford loan has a higher balance by $95.69. b. the plus loan has a higher balance by $60.69. c. the plus loan has a higher balance by $39.02. d. the stafford loan has a higher balance by $246.11.

The answer is NOT D or C..

It is A.) The Stafford Loan has a  higher balance by $95.69

I'm tired of the people who put wrong answers on here.

step-by-step explanation:

always plug in x. in this case, x equals 4.

i'm going to first solve 4(2+3x)

1) 4(2+3(4)) use pemdas to solve.

i'm going to multiply whats in the parenthesis first, so 3 times 4=12.

2)4 (2+12) i'm then going to multiply 4 by both numbers in the parenthesis (because multiplying comes before adding)

4 times 2= 8.   4 times 12= 48

4) (8+48)= 56 (answer)

i'm then going to solve 8+12x and plug in 4 for x.

1) 8 +12(4)

multiplying comes before adding, so i'm gonna multiply 12 and 4.

12 times 4= 48.

2) 8+48=56

both equal the same!

idk

step-by-step explanation: i just don't