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1 year ago

Which loan type allows you borrow up to the cost of attendance, minus other aid you have received?.

1 answer:

7 0

A subsidized loan allows a borrower to borrow an amount up to the cost of attendance, minus other aids or benefits received by the person.

<h3>What is a subsidized loan?</h3>

A student loan, the facility of which is available only for students, allowing them to borrow any amount up to the cost of their attendance after subtracting the financial aids received, is known as a subsidized loan.

Hence, the significance of a subsidized loan is aforementioned.

Learn more about subsidized loan here:

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The Jackson-Timberlake Wardrobe Co. just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at

xxTIMURxx [149]

Answer:

(a) $34.4

(b) $38.70(Approx).

Explanation:

(a) Current price:

$=\frac{D1}{Required\ return-Growth\ rate}$

$=\frac{2.15\times(1+0.04)}{0.105-0.04}$

$=\frac{2.15\times 1.04}{0.105-0.04}$

= $34.4

We use the formula:

$A=P(1+\frac{r}{100} )^{n}$

where,

A = future value

P = present value

r = rate of interest

n = time period

(b) $A=P(1+\frac{r}{100} )^{n}$

$A=34.4(1.04 )^{3}$

= 34.4 × 1.124864

= $38.6953

= $38.70(Approx).

$A=34.4(1.04 )^{15}$

= 34.4 × 1.80094351

= $38.6953

= $61.9524

3 0

3 years ago

You and four other team members attend a seminar on conflict. The seminar costs $150 per person. You will need to drive two cars

Sveta_85 [38]

Answer: $825

Explanation:

Total seminar cost for the team;

= 150 * 5 people

= $750

Two cars need to be driven the 100-mile round trip at 37.5 cents per mile.

= 2 * 100 * 37.5

= 7,500 cents

= $75

Cost of Seminar = 750 + 75 = $825

5 0

2 years ago

Bill thought he had received the best deal on his riding mower. Shortly after the purchase, Bill started to notice certain disad

jeka57 [31]

The correct answer is c. postpurchase behavior

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3 years ago

Read 2 more answers

Analyse TWO benefits of being employed in an education sector (2×2=4)

chubhunter [2.5K]

Answer:

Benefits of being employed in the education sector include:

1)Being Exposed to Multiple Perspectives: Jobs in education tend to expose employees to a wide variety of perspectives and many different opinions.

2) Stable Schedule: Employees in the education sector can rely on a reliable work schedule with stable hours and little overtime. In the education sector, you do not have to work over time. The timings are exact and flexible along with the weekends off.

7 0

2 years ago

Do Public schools, charities and government agencies seek for profit

Delvig [45]

Well in order to run the business no matter which type it is there is a need for revenue, not profit, unless it is private. For public school revenue comes from the State and when a local shop sponsor.

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3 years ago