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JulsSmile [24]
3 years ago
12

Julie plans on taking out student loans to pursue her college education in teaching. Should Julie take out a private loan or a f

ederal loan and why?
Select the best answer from the choices provided.
A. a federal loan because she may qualify for loan forgiveness
B. a private loan because she may qualify for loan forgiveness
C. a federal loan because her credit history will not be affected if she does not pay it back
D. a private loan because she can qualify for deferment while she is a student
Business
1 answer:
Romashka [77]3 years ago
7 0
<span>The answer to this question is letter A.

Julie plans on taking out student loans to pursue her college education in teaching. Julie should take out  a federal loan because </span>federal loans are more forgiving than private loans. Therefore she should take a federal loan because she may qualify for loan forgiveness.
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Equipment with an original cost of $75,000 and accumulated depreciation of $20,000 was sold at a loss of $7,000. As a result of
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O increase by $48,000

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A loss is made on disposal of an asset when the amount received from the disposal is lower than the carrying amount of the asset. The carrying amount or net book value of an asset is the difference between the cost of the asset and its accumulated depreciation.

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