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Ainat [17]
3 years ago
15

Which of the following financial packages has the lowest total cost to the student?

Business
2 answers:
VARVARA [1.3K]3 years ago
5 0

ANSWER: A. 25% academic scholarship, 50% Grants, 25% subsidized loans

EXPLANATION: The lowest cost to the student means the lowest expenditure of the student for his education.

Going by the option A if the student receives 25% academic scholarship, 50% grants and 25% subsidized loans, the student's expenditure will only be repaying the loan amount. Academic scholarships and Grants are non-repayable fund and are thus waived off from his educational expenditure.

If the student gets 50% academic scholarship and 50% subsidized loans, then he will have to pay back 50% of the academic fees compared to the option A where only 25% was needed to be repaid.

Similarly, for the next two options, the subsidized loan facility doesn't fall to 25%. So these options will be costing more to the student.

Bezzdna [24]3 years ago
3 0
A. Because grants and scholarships are free money and loans have to be repaid. 25% is the lowest amount of loans
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The kind of measures that Bill took which made his insurance premiums to drop is a preventative measure.

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3 years ago
A bank reconciliation revealed cash per the bank statement of $1,484, cash per company records of $1,681, bank charges of $11, d
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Answer:

Correct cash balance is $  1,580

Explanation:

Balance as per cash book                                                    $ 1,681

Less: Bank charges                                                               $ (    11)  

Less: NSF cheques                                                                <u>$ (   90)</u>

Adjusted balance per cash book                                         <u> $ 1,580</u>

Balance per bank statement                                                  $ 1,484

Add: Deposits in transit                                                          $    317

Less; Outstanding checks                                                      <u>$ (  221)</u>

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