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3 years ago

Which of the following statements about federal student loans is true

1 answer:

6 0

What are the answer choices?

if these :
<span>A) the interest rate on your loan will be fixed over time.
B) the interest rates on federal loans and private loans are similar.
C) you can only get federal student loans if you demonstrate financial need.
D) you do not accumulate interest on federal loans.
</span>
are your choices, than your answer should be A.
The statement that is true about federal student loans would be that the interest rate on your loan will be fixed over time.

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If the present value of $280 paid one year from now is $250 what is the one-year discount factor?

OleMash [197]

Answer:

12%

Explanation:

The discount rate will be PV/FV -1

i.e., i = (Fv/pv )-1

i= (280/250) - 1

i = 1.12-1

i=12%

7 0

3 years ago

Read 2 more answers

Majestic Corporation manufactures wheel barrows and uses budgeted machine hours to allocate variable manufacturing overhead. The

andre [41]

Answer:

$409185

Explanation:

Given: Budgeted output units: 28,475 units

Budgeted machine-hours: 17,085 hours

Budgeted variable manufacturing overhead costs for 28,475 units: $358,785

Actual output units produced: 32,475 units

Actual machine-hours used: 15,000 hours

Actual variable manufacturing overhead costs: $384,060.

First, we will find Budgeted machine hour per unit produced.

Budgeted machine hour per unit produced= $\frac{Budgeted\ machine\ hour}{Budgeted\ units}$

⇒ $Budgeted machine hour per unit produced= 17085\div 28475= 0.6$

∴Budgeted machine hour per unit produced= 0.6

Budgeted machine hours allowed for 32475 units= $32475\times 0.6= 19485$

Budgeted variable overhead rate per machine hour= $\textrm {Budgeted variable manufacturing overhead costs}\div Budgeted\ machine\ hours$

Budgeted variable overhead rate per machine hour= $358785\div 17085= \$ 21$

Now, lets find out flexible budget amount.

Flexible budget amount= $\textrm{Budgeted machine hours allowed}\times \textrm{Budgeted variable overhead rate}$

Flexible budget amount= $19485\times \$ 21= \$ 409185$

∴Flexible budget amount for variable manufacturing overhead= $409185

6 0

4 years ago

Suppose that you just short sold 100 shares of Quiet Minds stock for $85.00 per share.

qaws [65]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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3 years ago

What do we mean when we talk about the "milky way" in our sky?

vivado [14]

The milky way is a galaxy and got its name due to its attributes by looking like spilled milk across a pitch black sky. If this helped, plz mark as brainliest and good luck!

7 0

4 years ago

the market risk premium equals the question 37 options: risk-free rate of return plus the inflation rate market rate of return m

Novosadov [1.4K]

The Market Risk Premium (MRP) is the difference between the market portfolio's expected return and the risk-free rate.

<h3>What is market ?</h3>

A market is a place where buyers and sellers come together to facilitate the exchange and trading of goods and services.
A market place can be physical, like a retail store, or virtual, like an e-merchant.
Many of the other examples include illegal markets, auction markets, and financial markets.
The structure of the economic market can be divided into four categories: Perfect competition, monopoly competition, oligopoly, monopoly.
Categories differ in the following characteristics: The number of producers is large in monopoly competition, few in oligopoly, and he is one in monopoly.
Markets matter. Markets are the mechanisms through which shares of a company are bought and sold, providing companies with access to cash.
Markets are very important for pricing, liquidity transformation, and enabling businesses to meet customer needs.

To learn more about market from the given link :

brainly.com/question/25754149

#SPJ4

6 0

2 years ago