Savings, scholarships and state aid are good preparations steps for one to take before applying for federal financial aid because They help one to
save enough money to be able to pay for college and also prevent serious debt after graduating.
Financial intelligence is a vital and indispensable virtue one must cultivate,just like the question stated, before going high as to seek federal aid,it is imperative to start from savings, scholarships and state aid because those can help you after graduating and not put you through serious debt after graduating.
If you must apply for federal aid,that implies that you have tried other better, easier means and all proved abortive and the only option that is left is the federal aid.
And while on federal aid,plans must be made on the means to pay back all sorts of financial issues so that once graduated,the financial burden will be minimal.
Answer:
yield to maturity YTM = 35%
Explanation:
given data
purchase price = $8,000
face value = $10,000
current yield = 10%
solution
we get here yield to maturity YTM
so first we get Annual Coupon by current yield that is express as
Current yield = annual coupon ÷ current price ..............1
put here value we get
Annual Coupon = 10 % × 8,000
Annual Coupon = $800
now we get YTM by purchase price that is
purchase price = Annual Coupon ÷ ( 1+YTM ) + face value ÷ ( 1+YTM ) .......2
put here value we get
8,000 =
solve it we get
yield to maturity YTM = 35%
Answer:
Demographic segmentation
Explanation:
Demographic segmentation can be defined as a market segmentation in which variables such as gender, ethnicity, age, income, occupation of potential customers are taken into consideration.
The market is divided into segment according to age, race, religion, gender, family size, ethnicity, income, and education.
Demographic segmentation makes information such as who will buy your products, where to sell your product, how to market your product available to the producer.
It ensures that customers are well cared for. When a producer focus on a particular group of customers, they will be more committed and dedicated to satisfying their customers. Demographic segmentation ensures customer satisfaction.
(A) Debt ratio = 0.32
Debt/(debt + equity)= 0.32
Debt = 0.32 *Debt + 0.32 *Equity
0.68* Debt = 0.32* Equity
Debt = 0.32*Equity/0.68 = 0.32/0.68 * Equity
Debt /equity ratio = (0.32/068*Equity)/Equity
Debt/Equity ratio = 0.32/0.68 = 0.47
Debt-equity ratio = 0.47 (Rounded to 2 decimals)
(B) Equity multiplier = 1 + debt -equity = 1+0.47 = 1.47
Equity multiplier = 1.47 (Rounded to 2 decimals)
A cash card<span> will only allow you to make ATM (Automatic Teller Machine) withdrawals. A </span>debit card<span> will allow you to pay directly for goods and services </span>in<span> any place where your </span>card's <span>payment network (Visa, Maestro, etc.) </span>is<span> accepted.
hope this helped :)
alisa202</span>