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Sonja [21]
3 years ago
8

Which of the following is a difference between a prepaid tuition plan and a college savings plan

SAT
2 answers:
morpeh [17]3 years ago
7 0
A college savings plan means that you have the tuition plan money saved up for college and a prepaid plan means that you pay as you go on throughout the courses
OleMash [197]3 years ago
5 0
<span>With a prepaid tuition plan, you prepay all or part of a child's future tuition by investing in units or contracts (depending on how the particular plan is structured), and you're guaranteed a minimum rate of return. However, you aren't necessarily entitled to any extra money that the plan may earn.
</span><span> With a college savings plan, you contribute to an individual investment account to pay for a child's future education. Your money is invested in a particular investment portfolio at the time you join the plan, and you take your chances on what your rate of return will be--there are no guarantees. If your portfolio performs well, you reap the benefits. If it doesn't, you suffer the losses.
</span>
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In a closed system a reversible chemical reaction will reach a state of dynamic chemical equilibrium   when the rate of the forward reaction is to be in or equal to the rate of the reverse reaction.

<h3>What occurs if a reaction reaches dynamic equilibrium in a closed system?</h3>

A closed chemical system is said to attain dynamic equilibrium if the rate of the forward reaction is said to have equals the rate of the backward reaction and also the level of concentrations of products and reactants are said to be the same.

Hence, In a closed system a reversible chemical reaction will reach a state of dynamic chemical equilibrium   when the rate of the forward reaction is to be in or equal to the rate of the reverse reaction.

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