The correct statement is that Henry must pay around $48.68 each month to avoid interest capitalization on his unsubsidized Stafford loan of $7800. So, the correct option is B.
The calculation will be done by calculating the amount of interest and dividing such values by the number of months over the period of repayment.
<h3>
Calculation of Interest Capitalization </h3>
- The annuity of education loan will be,
- The interest over such calculation is approximately $5837.47 and hence the payments to be made so that the interest does not capitalize will be,
Hence, the correct option is B that the monthly payments of $48.68 is to be done to avoid interest capitalization.
Learn more about interest capitalization here:
brainly.com/question/417585
FALSE
All animals do not have the same capacity for language as humans. Only apes have the ability to understand symbolic language. But no other animal has any capacity as given in the statement
At some stage in the period, the corporation purchases an additional $three,700 of workplace components for coins. by the give-up of the duration, only $850 of workplace elements remains.
Whilst you buy workplace materials for your company, the purchase impacts the components price account (fairness subaccount) and the coins account (asset). document the purchase through growing the substances price account with a debit and decreasing the coins account with a credit.
Purchase of materials for coins is recorded inside the coins and substances bills. if you buy your supplies on credit score, and it's far a huge sufficient amount that you are in all likelihood to use it over more than one accounting duration, then your liabilities, in terms of money owed payable, boom, and your modern-day belongings growth as well.
Supplies bought from a supplier the usage of credit: The resources cost account is debited and the accounts payable account is credited. inventory purchased from a provider they use of coins: The stock account is debited and the coins account is credited.
Learn more about supplies for cash here: brainly.com/question/3625390
#SPJ4
If an air parcel is given a small push upward and it continues to move upward on its own accord, the atmosphere is said to be stable.
If a rising parcel of an air parcel is cooler than the encompassing surroundings it's going to generally tend to sink and returned to its original function. that is due to the fact cool air is extra dense or heavier than hotter air. that is known as stable air. If a rising parcel of air is warmer than the encompassing environment it's going to hold to an upward push.
The relative humidity reaches a hundred percent determined whilst the air parcel temperature cools all the way down to its authentic dew point temperature, similarly lifting and cooling results in internet condensation, forming a cloud at the environmental lapse rate.
Learn more about The air parcel here:-brainly.com/question/14709186
#SPJ4