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3 years ago

Which loan type requires you to make loan payments while you’re attending school?

1 answer:

5 0

I think the correct answer from the choices listed above is option A. The loan type that requires you to make loan payments while you’re attending school would be unsubsidized federal loan. For this type, y<span>ou are responsible for paying the interest on a Direct Unsubsidized Loan during all periods. Hope this answers the question.</span>

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What is an important part of taking meeting minutes?

Makovka662 [10]

An important part of taking meeting minutes is C. PAYING CLOSE AND CAREFUL ATTENTION.

A meeting minutes can be described as a log of chronological event within the meeting. It is a log wherein everything that happened during the meeting is noted. Like who led the meeting, the topics discussed, the questions raised and the answers given. It also records the plans for future discussions and resolutions reached during the meeting.

3 0

3 years ago

The difference between a financial aid package and total cost of collage can be made up by ______.

Gennadij [26K]

Personal savings and student loans

6 0

2 years ago

Read 2 more answers

You save $5,000.00 and invest 60% of it in stocks while leaving the rest in a savings account earning a 4.9% APR. The stock incr

sasho [114]

60% of 5000 is 3000

STOCK:
1 Year 3000 x 1.09 = 3270
2 Year 3270 x -1.04 = 3139.2

INTEREST:
1 Year 2000 x 1.049 = 2098
2 Year 2098 x 1.049 = 2200.802

TOTAL AFTER 2 years:

3139.2 + 2200.802 = 5340.002

3 0

3 years ago

Read 2 more answers

John wishes to set up an account for his grandfather so that he can have some extra money each month. John wants his grandfather

jeka94

Answer:

John must invest $3719.4

Explanation:

It is given that John grandfather withdraws $120 per month for 3 year

So total month = 12 ×3 =36 months

Total amount withdrawn S = 36×120 = 4320

m = 12 times per year

Rate of interest i = 5 % = 0.05

We know that $S=P(1+\frac{i}{m})^{mt}$

$4320=P(1+\frac{0.05}{12})^{36}$

$4320=P\times 1.1614$

P = $3719.41

So john must invest $3719.4

6 0

3 years ago

You own a business which generates $200,000 in profit per year. Someone has offered to buy it from you. Based on a 5 year projec

vovangra [49]

Answer:

option (b) $777,930.25

Explanation:

Data provided in the question:

Profit per year = $200,000

Time = 5 years

Return, r = 9% = 0.09

Now,

Worth of business = ∑ (Cash flow × Present value factor)

also,

Present value factor = (1 + r )⁻ⁿ

here,

n is the year of cash flow

Thus,

Year Cash Flows Present value factor Present value of cash flow

0 0 1 0

1 200000 0.917 $183,486.24

2 200000 0.842 $168,336

3 200000 0.772 $154,436.70

4 200000 0.708 $141,685.04

5 200000 0.65 $129,986.28

Hence,

The business worth today is

= $183,486.24 + $168,336 + $154,436.70 + $141,685.04 + $129,986.28

= $777,930.25

Hence,

The answer is option (b) $777,930.25

5 0

3 years ago