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DIA [1.3K]
3 years ago
9

\Why is it important to consider scholarships and grants before loans to pay for higher education?

Business
1 answer:
Shalnov [3]3 years ago
4 0

Answer:

Explanation:

Scholarships and grants are monies that are given to the student for education. You DO NOT have to pay them back.

Loans can also be given for education costs but you DO have to pay them back.  So, obviously, you want scholarships and grants before loans.

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Baiman, Inc. issues $1,000,000 of zero-coupon bonds that mature in 10 years. Compute the bond issue price assuming that the bond
kvv77 [185]

Answer:

Zero-cupon bond= $376,889.48

Explanation:

Giving the following formula:

Face value= $1,000,000

Mature= 10*2= 20 semesters

Market rate= 0.1/2= 0.05

<u>To calculate the price of the bond, we need to use the following formula:</u>

Zero-cupon bond= [face value/(1+i)^n]

Zero-cupon bond= [1,000,000 / (1.05^20)]

Zero-cupon bond= $376,889.48

3 0
3 years ago
An insurance company accepts an obligation to pay 10,000 at the end of each year for 2 years. The insurance company purchases a
Olin [163]

Answer:

$18,594.10

Explanation:

Insurance company has to pay $10,000 for two year with rate of 5% since market rate remain same in both the bond.

X = PV (PMT, N, I/Y)

X = PV(10000, 2, 5)

X = 18594.1043

X = $18,594.10

4 0
3 years ago
Alejandro has many business ideas that could satisfy the unfulfilled needs of people who live in his community. However, there a
WITCHER [35]

Answer:

economic and legal

Explanation:

Out of all the options, this option fits the scenario the most and I just took the test.

5 0
3 years ago
While paying at a burger joint, Amanda realized she had forgotten her checking account credit card at home and also ran out of c
maria [59]
No food I feel bad for Amanda
5 0
3 years ago
Read 2 more answers
If a gain of $5,292 is realized in selling (for cash) office equipment having a book value of $50,960, find the total amount rep
kati45 [8]

Answer:

$56,252

Explanation:

<u />

<u>For the investing activities we should post the proceeds from the sale</u>, not the gain or the book value of the equipment

if there is a gain, then it was sold above the book value by this amount

proceeds - book value = gain

book value: 50,960

gain: 5,292

proceeds - 50,960 = 5,292

proceeds =  50,960 + 5,292 = 56,252

8 0
3 years ago
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