Answer:
Increase Subsidies for student loans.
Explanation:
By increasing subsidies on student loan, student can acquire higher loans to pay off tuition fees because they are sure of paying back less loan and lesser interest on the loans.
Answer:
D) A and B
Explanation:
a. as the price declines, the real income of the consumer increases
b. as the price of product A declines, it makes it more attractive than product B
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Answer:
d) the supremacy clause
Explanation:
Lyndon a man from Maryland, receives a federal license to perform a commercial fishing boat in a particular region off the Maryland shore. Maryland's state legislature passes a law that bans all commercial fishing in that region. The state law most likely breaks <u>the supremacy clause</u>. In the supremacy clause, it authenticates that the federal laws made will be agreeable to it. Also, the agreements should be made under its authorization
Answer:
The correct answer is b. a limitation-of-liability clause.
Explanation:
It is understood by pact of exemption of responsibility, the stipulation negotiated by the subjects of the obligation, directed to suppress the responsibility of the debtor in case of breach of the same.
The doctrine specialized in mountain law states that: "If a company organizes an activity and forces the participants to sign a document in which they assume full responsibility for what happens to them, it is of little use, the organizer is still responsible" . Although this statement must be expanded and nuanced, it can serve as a guide for what we will study next.
Answer:
Annual deposit= $37,714.37
Explanation:
Giving the following information:
The villa costs $500,000 today, and housing prices in Mexico are expected to increase by 6% per year. Manny and Irene want to make fifteen equal annual payments into an account, starting today, so there will be enough money to purchase the villa in fifteen years.
The account earns 10% per year.
First, we need to calculate the final value of the house with the following formula.
FV= PV*(1+i)^n
FV= 500,000*(1.06^15)=$1,198,279.1
Now, we can calculate the annual payments required:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,198,279.1*0.10)/[(1.10^15)-1]
A= $37,714.37
