The correct statement is that Henry must pay around $48.68 each month to avoid interest capitalization on his unsubsidized Stafford loan of $7800. So, the correct option is B.
The calculation will be done by calculating the amount of interest and dividing such values by the number of months over the period of repayment.
<h3>
Calculation of Interest Capitalization </h3>
- The annuity of education loan will be,
- The interest over such calculation is approximately $5837.47 and hence the payments to be made so that the interest does not capitalize will be,
Hence, the correct option is B that the monthly payments of $48.68 is to be done to avoid interest capitalization.
Learn more about interest capitalization here:
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Answer:
<u>Cyclical unemployment</u> is 0% as the unemployment is in equilibrium, so it is no recession or boom.
<u>Structural unemployment</u><u> </u>is 20/500=4% There workers are not able to find jobs which is possible with their skill sets, thus it is part of structural unemployment,
<u>Frictional unemployment</u> is 10/500=2% as there is a time lag in finding the job they want and this is due to that.
Answer: Option B
Explanation: In simple words, geographic departmentalization refers to the process under which an organisation separates its market operations on the basis of the geography such as country, state or district etc.
In the given case, company has separated its operations on the basis of different preferences of different countries.
Hence from the above we can conclude that the correct option is B .
Answer:
a. How many pounds of potatoes will she purchase?
3 pounds
Janice will purchase potatoes as long as the value she assigns to them is higher than the price of potatoes. She values the first 3 pounds at more than $1 per pound. But Janice only values the subsequent pounds of potatoes at $0.30 per pound and that is lower than their price.
b. What if she only had $3.00 to spend?
she would still buy the 3 pounds
Answer: d. Requires description of all significant accounting policies to be included as an integral part of the financial statements.
Explanation:
There are several accounting and valuation policies that a company can use when presenting its financial information for the year. Companies are meant to follow the policies that would most fairly represent their assets and liabilities.
When they pick these valuation methods, it is important that the people who study their financial statements know the valuation and accounting methods used so that they can understand the figures.
To this end, ASC Topic 235 requires that the company should include the significant accounting policies that it used as notes so that financial statement users understand how the company reached the figures it recorded.
