AnswersDRHS GA-GSE Personal Financial LiteracyUnderstanding College SavingsQuestion 9
9
QuizMultiple Choice

Understanding College Savings

Question 9 • DRHS GA-GSE Personal Financial Literacy

Annalise received financial aid offers from two universities. Financial Analysis for Option ACosts per YearFinancial Aid Package per YearTuition & FeesScholarships & Grants$10,000$7,000Room & BoardWork-Study$11,500$4,000Financial Analysis for Option BCosts per YearFinancial Aid Package per YearTuition & FeesScholarships & Grants$28,000$18,000Room & BoardWork-Study$9,000$4,000Which statement about the costs per year is true?

Answer
A
Option A will save her $4,500.
B
Option A will save her $4,500.
C
Option B will save her $7,000.
D
Option B will save her $7,000.
E
Option B will save her $11,000.
F
Option B will save her $11,000.
G
Option A will save her $15,500.
H
Option A will save her $15,500.
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