College project

by Cole Miller

Stanford

Yearly cost= $60,749

Yearly Cost including interest= $72695.52

Payment for Loan= $1,009.66

total interest= 11946.52

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Baylor University

Yearly Cost = $56,776

Yearly Cost including interest= $67940.64

monthly payment for Loan= $943.62

total interest cost= 11164.64

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Lamar University

Yearly Cost= $22,830

Yearly Cost including interest= $27319.6

monthly payment for Loan= $379.44

total interest = $322.35

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Cedar Vally Community

Yearly Cost= 14060

Yearly Cost including interest= 1682.96

monthly payment for Loan= 233.68

total interest cost= 2764.96

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Conclusion

The best financial decision is Stanford because it will allow me to earn money fast, allowing me to pay it off faster.

Yearly intrist

time= 6 years

interestt= 6.1 %