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ozzi
3 years ago
5

How are the FAFSA, SAR, and EFC related?

Business
1 answer:
liubo4ka [24]3 years ago
3 0

Answer:

The correct answer is letter "A": The FAFSA is what you fill out to apply for financial aid. The SAR is a record of what you submitted in your FAFSA. The EFC is how much a college expects you and your family to contribute to your cost of college.

Explanation:

The Free Application for Federal Student Aid (FAFSA) is a form filled by future and current university students who would like to obtain financial aid for their studies. The form is submitted to the Scholars at Risk (SAR) Network  who are in charge of evaluating the information and determine what the Expected Family Contribution (EFC) will be. The EFC represents the amount that the students' family or the students themselves will have to pay from their pockets.

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A property that produces a first year NOI of $80,000 is purchased for $750,000. The NOI is expected stay constant through year 5
PIT_PIT [208]

Answer: $115998

Explanation:

Based on the information given, we can calculate the NOI from the 6th year which will be:

= $80,000 × (100% + 15%)

= $80,000 × 115%

= $80,000 × 1.15

= $92,000

Therefore, the net present value of the property based on the 10-year holding period and a discount rate of 9.5% will be:

= 80000(PVAF, 5 year) + 92000[PVAF,(10-5),9.5%] + 830000/(1.095)10-750000

= (80000 × 3.839) + (92000 × 2.439) + (830000 × 0.403) - 750000

= 307120 + 224388 + 334490 - 750000

= 865998 - 750000

= $115998

Therefore, the net present value is $115998

4 0
3 years ago
WHY DO I HAVE TO SIGN UP<br> I DON'T WANT TO
Gekata [30.6K]

Answer:

sign up to brainly? lol this is my 13th account it gets old fast

Explanation:

3 0
2 years ago
Lauren owns a spa and is contemplating whether to eliminate facials from her menu of services. To decide, she asked a few custom
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2 years ago
Runge Company purchased machinery on January 1 at a list price of $300,000, with credit terms 2/10, n/30. Payment was made withi
serg [7]

Answer:

The correct answer is $326,300.

Explanation:

According to the scenario, the computation of the given data are as follows:

List price = $300,000

Discount = 2%

So, Price after discount = $300,000 × 98% = $294,000

Sales tax = $15,000

Installation Charges = $5,300

Concrete slab = $12,000

So, we can calculate the Total cost by using following formula:

Total cost = Price after discount + Sales tax + Installation Charges + Concrete slab

=  $294,000 + $15,000 + $5,300 + $12,000

= $326,300

5 0
3 years ago
Today is June. Suppose you buy a futures contract for 42,000 gallons of RBOB gasoline delivered in December. The contract settle
kvv77 [185]

Answer:

The payoff from holding the position between June and August is $2,100 "loss"

Explanation:

Since I had gone long on the contract and it has gone down in value, I would be having a loss. The value of the loss will be:

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= $2,100 (Loss)

8 0
2 years ago
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