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telo118 [61]
2 years ago
9

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

Business
2 answers:
Zolol [24]2 years ago
4 0
D?but not sure.......

liq [111]2 years ago
3 0

<u>Option A is correct. </u>

<u>Unsubsidized loan payments require the loan payment while attending the school.   </u>

Further Explanation:

Unsubsidized federal loan:

An unsubsidized federal loan is a study loan provided by the federal government. Unsubsidized federal loan is available for graduate courses and undergraduate courses. The student does not require proving the financial need for the loan. The limit of the loan is determined by the school.  

Justification for the correct and incorrect answer:

A.

Unsubsidized federal loan: This is the correct option.  

The unsubsidized federal loan requires the payment of interest during the tenure of the study program.

B.

Subsidized federal loan: This is an incorrect option.  

The interest payment starts after the completion of the study program.

C.

Pell Grant: This is an incorrect option.  

Pell grant is not a loan. It is a subsidy provided by the federal government.

D.

None of the above: This is an incorrect option.  

Unsubsidized federal loan is the correct option. As one of the above options is correct, this option ultimately becomes incorrect.  

Learn more:

1. Learn more about loaning the money

<u>brainly.com/question/1373941 </u>

2. Learn more about the collateral security

<u>brainly.com/question/9913858 </u>

3. Learn more about the capitalization amount

<u>brainly.com/question/2768526 </u>

Answer details:

Grade: High School

Subject: Business Studies

Chapter: Type of loans

Keywords:

Loan, study loan, a student program, loan for study, school, college, loan type, requires, you to make, loan payments, while, attending school, unsubsidized federal loan, subsidized federal loan, Pell grant, none of the above.

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Answer:

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Explanation:

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The explanation of the answer is now provided as follows:

The present value (PV) of the annual expected cash inflows of $9,300 can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV of the annual expected cash inflows = Annual expected cash inflows * ((1 - (1 / (1 + rate of returns))^number of years) / rate of returns) = $9,300 * ((1 - (1 / (1 + 0.07))^4) / 0.07) = $31,501.06

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Answer and Explanation:

The computation is shown below:

1. Plant wide overhead rate = Budgeted Overheads ÷ Budgeted Activity.

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Budgeted Overheads :

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Inspecting product                  900,000

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