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12345 [234]
3 years ago
11

What is one key difference between a grant and a scholarship?

Business
1 answer:
zalisa [80]3 years ago
5 0

Answer:

The correct answer is letter "B": Grants are typically needs-based while scholarships are typically merit-based.

Explanation:

The main difference between a grant and a scholarship is that a grant can be received by different types of institutions and individuals -e.g. non-profit organizations, businesses or veterans- based on their needs, but scholarships are provided to students only based on their scores from school.

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4 years ago
The success of a company depends on how consistently employees follow established processes?
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4 years ago
The project is expected to generate the following net cash flows:
iVinArrow [24]

Answer:

Correct option is A 5.01%

Explanation:

Let irr be x%

At irr,present value of inflows=present value of outflows.

1,500,000=350,000/1.0x+475,000/1.0x^2+400,000/1.0x^3+475000/1.0x^4

Hence x=irr=5.01%(Approx).

8 0
3 years ago
You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $28,000, $32,000, $66,000,
larisa86 [58]

Answer:

$202,137.90  

Explanation:

Year Annual payment Discount factor  Present value  

1 $28,000          0.965250965 $27,027.03  

2 $32,000          0.931709426         $29,814.70  

3 $66,000          0.899333423         $59,356.01  

4 $99,000          0.868082454 $85,940.16

Total present value                                         $202,137.90  

The discount factor should be computed by  

= 1 ÷ (1 + interest rate)^years  

where,  

rate is 3.6%  

Year = 0,1,2,3,4 and so on  

6 0
3 years ago
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