1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kondor19780726 [428]
3 years ago
7

Which type of loan requires that you pay the interest accumulated during college?

Business
2 answers:
Galina-37 [17]3 years ago
6 0
<span>It is a unsubsidized loan! Hope this helped!</span>
Dafna11 [192]3 years ago
5 0
<span>The loan that requires a student to pay the interest they accumulated during college is called <u>an unsubsidized loan.</u>
There are also Federal unsubsidized loans. They are charged interest on these loans while the student is in school and also during a grace period. The student who borrows the money can choose to pay the interest every month or choose to have it put on the outstanding principal of the unsubsidized loan. Many colleges will tell the students to make a all to their loan service and set up an interest payment account.</span>
You might be interested in
One bank offers a 2% variable rate loan, while a competitor offers a 3% fixed rate loan over the same period. It is likely bette
vodomira [7]

Answer:

The problem with variable rates is that they vary, i.e., they might unexpectedly increase and the increase might be pretty significant. One of the main factors leading to the Great Recession was the housing bubble and the increase in mortgage interest rates. Normally, interest rates tend to increase, they might sometimes decrease, but generally they only go up and up.

Even though the fixed interest rate might be higher, it will not change and that  guarantees that you will always pay the same amount and that you can prepare your personal budget to cover it.

5 0
3 years ago
During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $5 per
Arturiano [62]

Answer:

$150,000

Explanation:

The computation of value of ending inventory under absorption costing is shown below:-

Total Cost per unit = Direct Material per unit + Direct Labor per unit + Variable Overhead per unit + Fixed Overhead per unit

= $5 + $4 + $3 + ( $200,000 ÷ 25,000 units)

= $5 + $4 + $3 + $8

= $20

Ending Inventory in units = Units produced - Units sold

= 25,000 - 17,500

= 7,500

Cost of Ending Inventory = Total Cost per unit × Ending Inventory units

= $20 × 7,500

= $150,000

So, for computing the cost of ending inventory we simply multiply the total cost per unit with ending inventory units.

8 0
3 years ago
The significant increase in consumer demand following World War II marked the beginning of the:
Tom [10]

Answer:

b. marketing concept era.

This era existed from 60's to 90's. And was called the 'baby boomer era'.  This era was focused on satisfy the client and producing goods and services.

And in order to satisfy this they use strategies of marketing in order to attract the customers.

Explanation:

a. production era.

False. This era was from 1860-1920 since this era occurs during the Industrial revolution and  not at the beginning of the second world war.

b. marketing concept era.

Correct. This era existed from 60's to 90's. And was called the 'baby boomer era'.  This era was focused on satisfy the client and producing goods and services.

And in order to satisfy this they use strategies of marketing in order to attract the customers.

c. customer relationship era.

False. This era was from 1990-2010 and was focused in create long-term relationships. So then is not the correct option if we analyze the historical time.

d. selling era.

This era was from 1920 and 1940 and not correspond to the begin of the second world war so this one is not the correct option.

6 0
3 years ago
Read 2 more answers
Jeff recently drove to visit his parents who live 160 miles away. on his way there his average speed was 9 miles per hour faster
olya-2409 [2.1K]
To answer this item, we let x be Jeff's speed when going back home. With this representation, the speed from home to his parents is x + 9. The total time it took him for the trip is 8 hours. The time of each trip can be calculated by dividing the distance by time. Such concept is presented below.
 
                             8 hours = 160/x + 160/(x + 9)

The value of x from the equation is 36. Thus, his speeds were 36 miles/h and 45 miles/h. 
4 0
3 years ago
A consumer has a choice of spending $20,000 on a Honda or $14,000 on a Kia. She was observed buying a Kia during the weekend. Do
max2010maxim [7]

Answer: Not necessarily

Explanation:

Consumer purchase decisions are dependent on multiple factors such as price, income and preference. It could be that the customer purchased the Kia because the price was less than that of the Honda and so she wanted to save and costs and bought the less expensive choice.

It could also mean that the Kia was all she could afford based on her income so she bought that. It could however also mean that the Kia is her preference as compared to the Honda so she chose that instead.

It is therefore not a foregone conclusion that she bought the Kia simply because she preferred it. More information would be needed to reach that conclusion definitively.

7 0
3 years ago
Other questions:
  • You are the marketing analyst for Better Beans Coffee Company, which has nine stores nationwide. The company wants to build two
    15·1 answer
  • Kyla is a first-time entrepreneur. She started a small business a few months ago. She encounters small problems on a daily basis
    11·1 answer
  • Jeff wants to open a basic savings account. He should go to a financial services company a commercial bank an insurance company
    15·2 answers
  • For a monopolistically competitive​ firm, marginal revenue A.is greater than the price.B.equals the price.C.is less than the pri
    13·1 answer
  • Bretthauer Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of July. Prio
    5·1 answer
  • The breach of the fiduciary duty by an agent: a. results in termination of the agent. b. terminates the agent's apparent authori
    9·1 answer
  • Dannon Co. reported its expenses of $35,200 on the cash basis. Corporate records revealed the following information: Beginning p
    5·1 answer
  • The composition of the Fingroup Fund portfolio is as follows:_________.
    7·1 answer
  • Why is organizational support for a health and safety training initiative so important for the success of the training program?
    6·1 answer
  • Today public relations have emerged as a
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!