A subsidized loan is such a loan where the borrower is allowed to borrow up to the cost of attendance less any other aids received.
<h3>What is a subsidized loan?</h3>
A type of education or student loan where the amount to be borrowed is determined as per the cost of the student's attendance, which is subtracted from other financial benefits received in this regard, is known as a subsidized loan.
Hence, subsidized loan is explained as above.
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<span>Disability income plans which require that the insurer can never change or alter premium rates are usually considered </span>noncancellable.
Noncancellable means an insurance policy that can not be canceled as long as the customer makes their premium payments. They can not cancel or change the service agreement for any reason if payments are made.
Answer:
What rate of return (IRR) would you earn if you bought this asset?
8,48%
Explanation:
To find the IRR it's necessary to know which is the discount rate that applied to the cash flow of the assets gives a value that compensate the investment of $200,500.
Year 1 $100.000 / (1+0,0848)^1 = $92.182
Year 2 $100.000 / (1+0,0848)^2 = $35.690
Year 3 $100.000 / (1+0,0848)^3 = $41.398
Year 4 $100.000 / (1+0,0848)^4 = $31.230
Total Present Value of Cash Flow=
$92.182 + $35.690 + $41.398 + $31.230 = $200,500
There is no way to find the IRR without Excel, the only way is to try with different rates in the current cash flow formula.
Answer:
False
Explanation:
Since for finding out whether the offer is accepted or not, first we have to determine the total cost at 600 number of players and for 601 number of players which is
The total cost of 600 players is
= 600 × $300
= $180,000
The total cost of 601 players is
= 601 × $301
= $180,901
Now the marginal cost is 601 player is $901 which is difference between the $180,000 and $180,901 that is higher than the offered price i.e $550
Therefore, the offer should not be accepted
