girly1970
Answered

Annalise received financial aid offers from two universities.
Financial Analysis for Option A
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$10,000
$7,000
Room & Board
Work-Study
$11,500
$4,000

Financial Analysis for Option B
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$28,000
$18,000
Room & Board
Work-Study
$9,000
$4,000

Which statement about the costs per year is true?
Option A will save her $4,500.
Option B will save her $7,000.
Option B will save her $11,000.
Option A will save her $15,500.
Mark this and return

Answer :

dragon1524

Answer:

Option A will save her $4,500.

Step-by-step explanation:

First we make sure to separate the problem into  2

Option A                                 Costs per Year

Work-Study                            $4,000

Tuition & Fees                         $10,000

Scholarship & Grants            $7,000

Room & Board                        $11,500

Total                                        $18,500

Option B                                 Costs per Year

Work-study                             $4,000

Tuition & Fees                       $28,000

Scholarship & Grants            $18,000

Room & Board                       $9,000

Total                                       $23,000

The true statement about the cost per year is option (A) Option A will save her $4500

What is Financial Analysis?

Financial analysis refers to an assessment of the viability, stability, and profitability of a business, sub-business or project.

What is Addition?

The action or process of adding something to something else.

Consider Option A

Tuition and fees = $10000

Scholarships and Grants = $7000

Room and Board = $11500

Work and Study = $4000

Total = 10000+11500+4000-7000 =$18500

Consider Option B

Tuition and fees = $28000

Scholarships and Grants = $18000

Room and Board = $9000

Work and Study = $4000

Total = 28000+9000+4000-18000 =$23000

Therefore option save =23000-18500 =$4500

Hence, The true statement about the cost per year is option (A) Option A will save her $4500

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