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3 years ago

Let's say you graduate from school and you are unemployed or take a low-paying job. What are your debt

Business

2 answers:

Semenov [28]3 years ago

8 0

Answer:

The debt repayment option is income-Based Repayment ( C )

Explanation:

income-based repayment: if you are under employed or unemployed you can fall into this option of repaying your federal student loan. income-based forgiveness is a type of loan repayment plan with loan forgiveness that is income-driven. in the sense that it reconsiders the monthly repayment i.e (lowering the monthly amount been paid for graduates having difficulty paying off loans within the standard 10 years time). made by the student because of the students low income, with the possibility of the remaining loan been forgiven by the government. the disadvantage of this is interest accumulation because loan repayment period will be stretched more than the standard 10 years period of student loan repayment.

elena55 [62]3 years ago

7 0

Answer:

Explanation:

You might be interested in

Which of the following price bases is mostly likely to be used for commercial construction projects or custom-made equipment?

Svet_ta [14]

Answer:

b. cost-plus pricing

Explanation:

cost-plus pricing is a price base that involves a markup addition to the cost of services and goods to get to the final selling price. In this technique you compute all cost (material, labor, etc) and then add a percentage in order to obtain the product's price

4 0

3 years ago

You would like to establish a trust fund that will provide $50,000 a year forever for your heirs. The trust fund is going to be

Finger [1]

Answer:

$1,818,181.81

Explanation:

Data provided:

Amount that will be provided a year = $50,000

Expected rate of return = 2.75%

Now,

The Present value of perpetuity is given as:

Present value of perpetuity = $\frac{\textup{Annual return}}{\textup{Expected rate of return}}$

on substituting the respective values, we get

Present value of perpetuity = $\frac{\textup{50,000}}{\textup{0.0275}}$

Present value of perpetuity = $1,818,181.81

Hence,

The amount that must be deposited today to fund this gift is $1,818,181.81

5 0

3 years ago

In response to accounting scandals in 2002, the federal government passed legislation requiring that corporate directors have a

Ne4ueva [31]

Answer:

The Sarbanes-Oxley Act

Explanation:

The name of the act was given because of the two leaders who jointly worked together to regain the trust of potential investors in the financial system. The act discussed the auditing requirements, directors roles and responsibilities and the signing of the annual report by the directors as well and also that the CFO and CEO will form an opinion about the firms future, goals and giving the undertaking that the financial statement are accurate according to their knwoledge.

7 0

3 years ago

Other things equal, cartels and similar collusive arrangements are easier to establish and maintain: Group of answer choices whe

katen-ka-za [31]

Answer:

Option "B" is the correct answer to the following question:

Explanation:

In business or business cycle period Cartels and comparable collusive agreements are simpler to design and implement and maintain during business time or periods of business-cycle stability and high employment, assuming all other factors are equal.

4 0

3 years ago

Acquiring a government job based on political loyalty, without regard to ability, is called

umka2103 [35]

Acquiring a government job based on political loyalty, without regard to ability, is called <span>political patronage.

Hope this helps you! :-)</span>

6 0

3 years ago