1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BartSMP [9]
3 years ago
11

What document explains your rights and responsibilities as a federal student loan borrower?

Business
2 answers:
Semenov [28]3 years ago
7 0

The document that explains your rights and responsibilities as a federal student loan borrower is "Mastery Promissory Note (MPN)."

Mastery Promissory Note (MPN) is a document that contains the rights and responsibilities of an individual getting a federal student loan.

Generally, students are expected to sign this document after getting a federal student loan.

It serves as a legally binding agreement that the student will pay back their loan.

Hence, in this case, it is concluded that the document that explains your rights and responsibilities as a federal student loan borrower is "Mastery Promissory Note (MPN)."

Learn more here: brainly.com/question/24801462

LUCKY_DIMON [66]3 years ago
4 0

Answer:

brainliest answer

Explanation:

the master promissory note is document that explains your rights and responsibilities as a federal student loan borrower.

You might be interested in
What form of entry tends to be used for the vast majority of services, approximately 85%, to enter a foreign market? agent inter
Nata [24]

Answer:

Exporting

Explanation:

Exporting is a common and relatively easy way to break in to a foreign market by selling your goods to that country.

6 0
4 years ago
suppose you are thinking about purchasing a small office building for $1,500,000. the 30 year fixed rate mortgage that you have
Mnenie [13.5K]

$352,696 lender stand to lose in the absence of pmi. A borrower may be required to PMI as a condition of obtaining a conventional mortgage loan.

<h3>What is Private Mortgage Insurance (PMI) ?</h3>

Private mortgage insurance (PMI) is a type of insurance that a borrower might be required to buy as a condition of a conventional mortgage loan. When a buyer puts down less than 20% of the home's price, the majority of lenders demand PMI.

In contrast to most insurance types, this one safeguards the lender's investment in the house, not the policyholder. However, PMI enables some people to purchase a home more quickly. PMI makes it possible for people to get financing if they decide to put down between 5% and 19.99% of the home's cost.

It does, however, incur additional monthly expenses. Until they have built up enough equity in the property that the lender no longer views them as high-risk, borrowers must continue to pay their PMI.

Formula for calculating PMI :Divide the loan amount by the property value. Then multiply by 100 to get the percentage. If the result is 80% or lower, your PMI is 0%, which means you don't have to pay PMI.

To learn more about mortgage refer :

brainly.com/question/24040386

#SPJ4

6 0
1 year ago
If the consumer price index was 80 in 2004, 100 in 2005, and 110 in 2006, then the base year must be
iogann1982 [59]
2004 is the base year
4 0
4 years ago
Why do Lean-Agile Leaders try to connect the silos of business, system engineering, hardware, software, test, and quality assura
tia_tia [17]
<span>Lean-Agile Leaders try to connect the silos of business, system engineering, hardware, software, test, and quality assurance b</span>ecause by connecting the silos business, system engineering, hardware, software, test, and quality assurance they can increase productivity & increase their rate of success.
7 0
4 years ago
When you hire an independent contractor, you don't have to pay the contractor's
xxTIMURxx [149]

Answer:

The correct answer would be option A, Medicare Taxes.

Explanation:

It is quite common now a days to work with contractors to get help from them, either in the form of services or human resources, etc. The contractor provide the company what it wants according to the needs. For example if a company needs human resource for its customer service department, the contractor will provide them the employees according to the company's need. So when you hire the contractor for getting you employees, there is no need to pay the medicare taxes of the contractor. It is not the responsibility of the company to pay medical expenses of the contractor, rather its contractor's own responsibility to fulfill its medicare expenses.

5 0
3 years ago
Read 2 more answers
Other questions:
  • ________ are the people involved in or affected by project activities and include the project sponsor, project team, support sta
    6·1 answer
  • A company that is authorized y the commissioner to transact insurance business in Louisiana is called a
    9·1 answer
  • Clement applies for a home loan at global bank inc. as part of the process, he provides his personal details to the bank. the ba
    14·1 answer
  • What can you tell about google's Promotional Mix and Promotional strategies ?(10 Marks)
    9·1 answer
  • Rob and Laura wish to buy a new home. The price is $187, 500 and they plan to put 20% down. New Rochelle Savings and Loan will l
    14·1 answer
  • During a bank reconciliation process:
    12·1 answer
  • A company's net profit Margins M, expressed as a percent is determined using the formula M = 100l/R where I represent net income
    10·1 answer
  • on january 1st jennifer puts 1000 in a savings account that earns 4% interest. the inflation rate for the year is 2% on december
    5·1 answer
  • Inventories: March 1 March 31 Raw material $18,000 $15,000 Work in process 9,000 6,000 Finished goods 27,000 36,000 Additional i
    8·1 answer
  • The accountant for TI Company is preparing the company's statement of cash flows for the fiscal year just ended. The following i
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!