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Thepotemich [5.8K]
3 years ago
7

Jim is researching different sources to fund his college education. Jim is torn between a federal loan and a private loan. With

his parents as co-signers, Jim can receive a lot more money from a bank than he will from a federal loan. Which loan should Jim choose and why?
Select the best answer from the choices provided.
A. Jim should choose the federal loan since he will not have to pay interest if he attends a public university.
B. Jim should choose the federal loan since he may qualify for lower interest rates.
C. Jim should choose the private loan since his parents will not have to repay the loan.
D. Jim should choose the private loan since he will not have to pay interest if he attends a private college.
Business
1 answer:
Colt1911 [192]3 years ago
3 0
The right answer for the question that is being asked and shown above is that: "A. Jim should choose the federal loan since he will not have to pay interest if he attends a public university." the loan should Jim choose is that he<span> should choose the federal loan since he will not have to pay interest if he attends a public university.</span>
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Answer:

Some part of this question is missing (refer to attachment for missing part of question)

A bank Reconciliation statement is required to agree the Cash Ledger of the Business. Differences are highlighted and subjected to test to understand and justify their existence. It is with a Bank reconciliation statement we can be sure the transactions posted in our Cash Book and Bank records are accurate.

An adjusted Cash Book may need to be drawn up to capture activities in the Bank that was not known to the Treasury Analyst.

Having done this, both the Bank reconciliation should agree with the adjusted Cash Book.

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<u></u>

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<u>Bank reconciliation Statement</u>

<u>For the Month ending February 28, 2018</u>

<u></u>

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madreJ [45]
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