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Mamont248 [21]
4 years ago
6

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]4 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]4 years ago
7 0

Answer:

c

Explanation:

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The journal entry to issue​ $600 of direct materials and​ $30 of indirect materials to production involves​ debit(s) to the​ ___
zmey [24]

The journal entry to issue​ $600 of direct materials and​ $30 of indirect materials to production involves​ debit(s) to the​ B. ​work-in-process inventory account for​ $600 and manufacturing overhead account for​ $30.


Work-in-process inventory refers to a company's goods that are waiting to be finished and completed. While these goods wait to be finished, they are waiting their overall value they are given as well. Manufacturing overhead refers to the items that are used for manufacturing. Everyting that has to take place and be paid for manufacturing to take place.

7 0
3 years ago
Murphy Company sublet a portion of its warehouse for five years at an annual rental of $24,000, beginning on May 1, 2010. The te
jeka57 [31]

Answer:

Correct option is D.

Unearned Rent Revenue Dr. $16,000

Rent Revenue  $16,000

Explanation:

Provided that rent is received for a period of 1 year that is 12 months on May 1, 2010 amounting $24,000

Thus rent per month = $24,000/12 = $2,000 per month

Provided financial year = Calendar year

thus for the year 2010 rent revenue = 1 May to 31 December = $2,000 \times 8 = $16,000

Since revenue = $16,000 for the year and initially was recorded as unearned rent thus for the year $16,000 should be transferred to rent revenue.

For this entry shall be:

Unearned Rent Revenue Dr.           $16,000

         To Rent Revenue                   $16,000

Correct option is D.

7 0
3 years ago
Assume Gillette Corporation will pay an annual dividend of 0.61 one year from now. Analysts expect this dividend to grow at 11.5
SashulF [63]

Answer:

I'm so sorry but I do not know the answer to these kind of a question : )

8 0
1 year ago
As the executive of a bank or thrift institution you are faced with an intense seasonal demand for loans. Assuming that your loa
solniwko [45]
I believe u should not give put loans at all ,or make the interest rate very low so they 'll have a better chance to pay it off
5 0
3 years ago
Professor’s Annuity Corp. offers a lifetime annuity to retiring professors. For a payment of $74,000 at age 65, the firm will pa
photoshop1234 [79]

Answer: 0.10%

Explanation:

The following can be gotten from the question:

n = 15 years

We change it to months. Thus will be:

= 15 × 12

= 180

Present value of an annuity :

= A × {1- (1 +r ) -n ]/r}

74000 = 450 × [ 1- (1 +r) - 180]/r

r= 0.10%

Therefore, the monthly interest rate is 0.10%.

8 0
3 years ago
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