Question

Assume that the college in Offer #1 has a Cost of Attendance of $73,332. Which of the statements below comparing Offer #1 to Offer #2 is TRUE?
College #1 has a lower “cost of attendance” than College #2


Both College #1 and College #2 have the same “net price”


College #1 has a lower “net price” than College #2


College #1 has a higher “net price” than College #2

Answer 1

Answer:

Both College #1 and College #2 have the same “net price”

This is going by the fact that the equivalent money which happens to remain after all the deductions had been made are same. The gross amount, though quite different happens to be same in the available net amount for same education cost in both college.

Step-by-step explanation: