Answer: The difference of deferment and forbearance can be explained as follows :-
Explanation: In case of deferment, the payer may not be responsible for paying interest on certain types of loans during the period of deferment but in case of forbearance the payer has to pay the accrued interest on all types of student loans.
Answer:
Total deposit is $39
Explanation:
Given
Required
Determine the total
To do this, we simply multiply each dollar bill or coin with its frequency and add up the results.
i.e.
So:
Answer:
The question is incomplete, the complete question is:
Jane wants to set aside funds to take an around the world cruise in four years. Jane expects that she will need $22000 for her dream vacation. If she is able to earn 9% per annum on an investment, how much will she need to set aside at the beginning of each year to accumulate sufficient funds?
= $22000 / (4.50611 × 1.09)
= 22000 / 4.911
=$4479
She need to set aside $4479 at the beginning of each year to accumulate sufficient funds for the world tour.
Answer:
The probability that neither of both stocks increase is 0,14
Explanation:
The Complement Rule states that the sum of the probabilities of an event and its complement must equal 1.
The data we have is the probability that Stock A or B increase, we are looking for the probability that neither occur, so we have to use the complement of each one.
Complement of Stock A =1-0.54=0.46
Complement of Stock B =1-0.68=0.32
If we want to know the probability of both events happening we have to multiply both complements.
Probability that neither of these two events will occur= 0.46 x0.32= 0,1472
So the answer will be identify keys needs ok the answer is identify key needs
