All categories

3 years ago

Does it make sense for ethan to take a year off of school to raise the money?

Business

2 answers:

xz_007 [3.2K]3 years ago

7 0

Answer:

YES

Explanation:

taking a year off school means deferring school for a year and this is very necessary in situations where the student might not be able to meet up with the obligations associated with school either Financial or Academically.

As with Ethan's case he is about to take a year off to raise money for himself and probably to raise fees to pay his tuition and other bills like buying of textbooks and accommodation and association dues.

Taking a loan to finance his education is also an alternative that he should have considered but the cost of servicing a loan is much more expensive than taking a year off to raise the required money himself.

Vinvika [58]3 years ago

4 0

I would argue yes, you don’t want to borrow a loan because then they still charging fees if you don’t pay monthly. Taking a year of to earn money for school and not having to loan money is a great idea.

You might be interested in

BMW has developed two new print ads designed to appeal to women.One ad uses local scenes from around its South Carolina plant an

Elden [556K]

Answer:

The correct answer is letter "A": split-run testing.

Explanation:

A split-run test is useful for companies advertising their products through e-mails or print advertisements. The firm takes a sample of the target population and divides the test into two sections to measure the responsiveness of consumers to one and another promotion. The advertisement that ends up resulting in being more beneficial is sent to all the audience the institution has.

3 0

3 years ago

Mr. Wise is retiring In 25 years He would like to accumulate $1,000.000 for his retirement fund by then He plans make equal mont

Montano1993 [528]

Answer:

$532.24

Explanation:

Since Mr. Wise will be making monthly payments for the period of 25 years in order to accumulated the $1,000,000 at the end of 25 years, therefore, the future value of annuity shall be used to determine the monthly payments to be deposited by Mr Wise. The formula of future value of annuity is given as follows:

Future value of annuity=R[((1+i)^n-1)/i]

In the given scenario:

Future value of annuity=amount after 25 years=$1,000.000

R=monthly payments to be deposited by Mr Wise=?

i=interest rate per month=12/12=1%

n=number of payments involved=25*12=300

$1,000,000=R[((1+1%)^300-1)/1%]

R=$532.24

7 0

3 years ago

The income statement for the year ended December 31, 2020, for Sandhill Manufacturing Company contains the following condensed i

suter [353]

Answer: the answer is idk

Explanation: i need points

3 0

3 years ago

The supervisor of a Health Information Management department has aspirations of becoming the HIM director. She works very long h

mrs_skeptik [129]

Answer:

Delegating skills

Explanation:

Delegation is a managerial skill that would allow the supervisor get results, manage time, develop the people working under her as subordinates, building their morale in the process, and achieving greater success for the health management information department.

It involves assigning duties or tasks to be completed by others even though she still maintains responsibility. Delegating tasks can make subordinates more creative

5 0

3 years ago

when ben & jerry’s ice cream tests all its proposed new flavors on its own employees at its corporate headquarters in vermon

gtnhenbr [62]

Answer:

lol I did it so I just won’t you get back lol bye bye lol lo but it’s 76

Explanation:

4 0

2 years ago