Student Loan:
- borrowed money that needs to be repaid
- part of credit history
Grant or Scholarship
- given on the basis of financial need
- Given based on academic achievement and financial need
The major difference between loans and scholarships is that loans will have to be repaid and scholarships do not.
Answer: 8%
Explanation:
The Annual Percentage Rate or APR for short is calculated by dividing the finance cost by the total amount borrowed in the following manner,
APR = Finance Charge / Amount borrowed.
To calculate the Finance charge we add the interest and the service charge.
Finance charge = 25 + 15
= $40
Back to the APR formula we will have,
APR = Finance Charge / Amount borrowed
APR = 40/500
= 0.08
APR is 8%.
Answer:
It means that sides market for NFL football betting which is semi strong form of efficient market hypothesis cannot utilize technical or fundamental analysis to earn higher gains since stocks have already adjusted with latest football information release.
Explanation:
Semi strong form of market is an aspect of Efficient Market Hypothesis which provides that security prices adjust rapidly to available public information.
It states that changes in stock prices is an outcome of release of new public information. Based on the information that is made available, investors actions are based, which ultimately leads to changes in prices.
Semi strong form follows the belief that since all public information is used while arriving at a stock's current price, investors cannot utilize technical or fundamental analysis to earn higher returns.
Answer:
Explanation:
The policy of tax cut will be less effective in country B than in country A since the value of the tax multiplier is lower in country B.
The multiplier effect refers to the increase in final income arising from any new injections.
Calculating the Multiplier Effect for a simple economy
k = 1/MPS
A = 1/0.1 =10
B= 1/.5=2
Answer:
Explanation:
Old Price 27363
Exchange Rate 2.01
USD Value 55000
the company has committed to sale at $55000 existing price for next six months.
No currency hedge contract has been made by jaguar, in such case due to appreciation of pound the value of dollar will decrease but due to commitment by jaguar not to fluctuate the cost the total amount receivable in pounds will decrease as compared to 6 months before
USD Value 55000
Exchange Rate 2.15
Price in Pounds 25581
Decrease in pounds = 27363-25581 = 1782 loss