Answer: Loan forgiveness repayment plan.
Explanation:
The Extended Repayment Plan: This is a repayment plan option whereby the loan can be paid back for a period of about 25 years.
The Income-Sensitive Repayment Plan: This is a repayment plan option for those who want low income. Here, payment can either increase or reduce based on what the person earns annually.
The Graduated Repayment Plan: This is a repayment plan option which increases every two years.
The loan forgiveness repayment plan is not a repayment plan option.
Answer:
$215,000
Explanation:
Given that,
EcoWash Corporation has:
Revenues = $310,000
Expenses = $95,000
dividend declarations and payments = $6,000
Hence, the net income is determined by subtracting expenses from the revenues.
Net income:
= Revenues - Expenses
= $310,000 - $95,000
= $215,000
Therefore, the EcoWash Corporation has a net income of $215,000 for the year.
Scarcity has an impact on how people value goods and services, as well as how governments and private companies divide resources. The infinite wants of the consumers define the economic value of an item.
<h3>What factors influence the economic value of an item?</h3>
The relationship between supply and demand for a specific product determines relative scarcity.
The scarcity principle is an economic theory that explains the dynamic supply-and-demand price relationship.
The scarcity principle states that if an item has a low supply and a high demand, the price will rise to meet the predicted demand.
Check out the link below to know more about scarcity;
brainly.com/question/27445025
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Life insurance is an annual expense
<span>The rent, cable bill, and auto loan are fixed expenses that add up to $1500. $1500 divided by the $4600 total that she has is .326 so Margie spends about 33% of her budget on these fixed expenses. That is about one third of her total budget going to fixed expenses.</span>
