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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: Option (c) is correct.

Explanation:

Given that,

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Price elasticity of demand = 2

Therefore,

Price elasticity of demand = \frac{Percentage\ change\ in\ quantity\ demanded}{Percentage\ change\ in\ prices}

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ring its first five years of operations, Della Manufacturing reports net income and pays dividends as follows. Year Net Income D
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Answer: See explanation

Explanation:

The retained earnings will be calculated as:

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Year 1:

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Year 2:

Retained earning = 300 + 2600 - 1600

= 1300

Year 3:

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Year 4:

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= 4700

Year 5:

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3 years ago
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Answer:

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Based on the explanation above, the statement given in the question is false.

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