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2 years ago

Which two forms of financial aid require the student to bear the cost of college education?

SAT

2 answers:

Arada [10]2 years ago

7 0

direct loans and work study programs. is the answer for PLATO

Aliun [14]2 years ago

5 0

Answer:

A. Direct loans and C. Work-study programs is the correct answer.

Explanation:

Direct loans and Work-study programs are the two forms of financial aid require the student to bear the cost of college education.

direct loans help the student to provide cash that they could confer and be cleared off based on the time.Direct Loan Program provide funding to the students to help them to pay their course cost.

The work-study program assists students where the student gets money and in return, they do work for them with no cash to be given for them.

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2 years ago

James bennett also allocates wealth between youth and old age. He has no cash currently (in his youth), but will inherit $3000 i

Anvisha [2.4K]

The present value (PV) of $15,254.24 is the most James bennett can consume in his youth.

<u>Given the following data:</u>

Inheritance = $3000

Interest rate = 18%

Investment opportunity (youth) = $12,000

Investment opportunity (old age) = $15,000

To calculate the most James bennett can consume in his youth:

First of all, we would determine the future value of James bennett from his investment and inheritance as follows:

$FV = 15000 + 3000$

FV = $18000

Mathematically, the most James bennett can consume in his youth is given by this formula:

$PV = \frac{FV}{(1+i)^n}$

Substituting the given parameters into the formula, we have;

$PV = \frac{18000}{(1+0.18)^1}\\\\PV = \frac{18000}{1.18}$

PV = $15,254.24

Therefore, the present value (PV) of $15,254.24 is the most James bennett can consume in his youth.

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1 year ago

In this form of music it is the listener's task to remember the beginning theme and to follow it through the various manipulatio

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1 year ago

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2 years ago