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PIT_PIT [208]
3 years ago
6

When referring to student loans, what is a grace period?

Business
1 answer:
harkovskaia [24]3 years ago
6 0
A grace period is a certain length of time when it extends over a deadline.
You might be interested in
The board of directors of McKay Company has approved a 20% stock dividend. The firm currently has net income of $900,000. There
nlexa [21]

Answer:

$20

Explanation:

Current Stock Price:

= (Net income ÷ common shares outstanding) × P/E ratio

= (900,000 ÷ 300,000) × 8

= $24

No of Stock Dividend issued:

= common shares outstanding × Percent of stock dividend approved

= 300,000 × 20%

= 60,000

No of Outstanding Sharing share after stock dividend:

= common shares outstanding + No. of Stock Dividend issued

= 300,000 + 60,000

= 360,000

Common stock price after the stock dividend:

= = (Net income ÷ common shares outstanding after stock dividend) × P/E ratio

= (900,000 ÷ 360,000) × 8

= $20

6 0
2 years ago
Vicky and Lee vacation in Cancun, Mexico, every year. They purchased the right to stay in a beach condo for the first two weeks
Crank

Answer:

The answer is timeshare

Explanation:

A timeshare is a way for a number of people to share ownership of a property. Timeshare is fractional ownership in a vacation property. Each buyer usually purchases a certain period of time in a particular unit.  Almost all timeshares are resort or vacation properties.

6 0
3 years ago
Tom buys a shirt for $22.00 plus 7% sales tax. His cousin buys a shirt for $18.00 plus 4% sales tax.How much do Tom and his cous
astra-53 [7]

Answer:

Tom paid $23.54 while his cousin spent $18.72. Tom spent more on tax $.082 more than his cousin.

Explanation:

Tom

Cost of shirt = $22

Sales tax = 7%

Total amount paid = 22 + (7% × 22)

                               = 22 + 1.54

                               = $23.54

Tom's cousin

Cost of shirt = $18

Sales tax = 4%

Total amount paid = 18 + (4% × 18)

                               = 18 + 0.72

                               = $18.72

Tom spent more on tax as he spent $1.54 as against his cousin's $0.72.

3 0
3 years ago
What term is used to describe the process of restricting access to certain material on the web?
lilavasa [31]
<span>The process of restricting access to certain material on a given network is called content filtering. Many schools filter inappropriate content or games so they cannot be accessed by school computers or student's phones.</span>
6 0
3 years ago
In most interviews (unlike typical conversations), the ratio of speaking turns is uneven. During a typical interview, the interv
prohojiy [21]

Answer:

The correct answer is letter "C": 70.

Explanation:

It is believed during regular interviews the applicant's intervention is around 70% of the total time of the conversation. This is based on straight-forward interviews that mostly require interviewers to ask questions or clarification letting the interviewee explain in detail whatever information is necessary for employers to find out if that person is suitable for the job being offered or not.

7 0
2 years ago
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