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3 years ago

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

Business

2 answers:

Galina-37 [17]3 years ago

6 0

It is a unsubsidized loan! Hope this helped!

Dafna11 [192]3 years ago

5 0

The loan that requires a student to pay the interest they accumulated during college is called an unsubsidized loan.
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.

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What are high-risk loans?

WITCHER [35]

"A high-risk loan is a financing or credit product that is considered more likely to default, compared to other, more conventional loans."

I hope this helps ^-^

4 0

2 years ago

Read 2 more answers

Reuter Bank loaned Sabean Corporation $500,000 in

hammer [34]

Answer:

C) I, II, and III only.

I. May demand payment of the full amount immediately from the sureties when the corporation defaults on the loan.
II. May demand payment of the full amount immediately from the sureties even if Reuter does not attempt to recover any amount from the collateral.
III. May attempt to recover up to $200,000 from the collateral and the remainder from the sureties, even if the remainder is more than $300,000.

Explanation:

The bank has several options in this case, depending on the financial position and net worth of the sureties and the corporation. It can decide to collect all the debt directly from them, or collect part of the debt through the collateral property, or it can go after the assets of the corporation, or any type of combination. In this case the bank has three options from which it can collect the debt and it is up to them to decide how they proceed.

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3 years ago

In this statement, which type of spending is President

sineoko [7]

Answer: Option 2 discretionary

Explanation:

Spending can be mandatory spending or discretionary spending. Mandatory spending means the spending on essentials goods such as food. Discretionary spending means the spending on recreation and entertainment where people have additional money in hand after meeting their necessary expenses.

In this speech Obama speaks about the non essential expenses when they are controlled more investments can be made. He says when all the departments cut down their discretionary expenses then can result in economic growth.

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3 years ago

Read 2 more answers

Brandon, the general manager of Pelantis International Hotel, promises Theodore, the director of marketing and sales of the hote

NISA [10]

Answer:

Transactional leadership

Explanation:

This leadership involves an exchange process whereby followers get immediate and tangible rewards for carrying out the leader’s orders. The leader can clarify what is expected of followers´ performance explaining how to meet such expectations and allocating rewards that are contingent on meeting objectives.

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2 years ago

On May 10, 2020, Crane Co. enters into a contract to deliver a product to Greig Inc. on June 15, 2020. Greig agrees to pay the f

belka [17]

Answer and Explanation:

The journal entries are shown below:

1. Accounts receivable a/c Dr $1,840

To Sales revenue a/c Cr $1,840

(Being the sales is recorded)

2. Cost of goods sold a/c Dr $1,170

To Inventory a/c Cr $1,170

(Being the cost of goods sold is recorded)

3. Cash a/c Dr $1,840

To Accounts receivable a/c Cr $1,840

(Being the payment received is recorded)

Only these three entries are recorded

3 0

3 years ago