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Zepler [3.9K]
3 years ago
13

The infographic suggests making small payments on your student loans even before they’re due, yet that won’t automatically get y

ou a credit card. What would be the benefit of making these early loan payments?
Business
1 answer:
dem82 [27]3 years ago
7 0

The benefit that a student can obtain by paying off his student loan before the due date is that his debt is diminishing.

<h3>What is a student loan? </h3>

A student loan is an aid offered by some public and private entities to those students who are going to start their university studies to lend them the money that their degree is worth.

These entities then establish fees that the student must pay from time to time. However, several of these entities charge interest and other percentages for lending this money to students.

<h3>What is the benefit of making small advance payments? </h3>

The benefit of paying in advance is that the student will pay off his loan more quickly, which will free him/her from paying higher interest in the future.

Note: This question is incomplete because the infographic is missing. However I can answer it based on my prior knowledge.

Learn more about infographics in: brainly.com/question/14267721

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Y varies directly as x and inversely as z when x=2,y=-6 and z=-1.find the value of ,the constant k.​
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3 years ago
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Which of the following is the term for items that you hand off to a client or management for review and approval and that must b
jenyasd209 [6]

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B. Deliverables

Explanation:

Deliverables -

It refers to the good and services , which may or may not be tangible , that are produced by some project which need to be delivered to the customer , which can be internally as well as externally , is referred to as deliverables.

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3 years ago
Exercise 7-14A Recording Credit Card Sales LO 7-6 Luna Company accepted credit cards in payment for $6,950 of services performed
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Answer:

See the explanation below:

Explanation:

Interest expenses = $6,950 × 3.75% = $261

Cash received =  $6,950 - $261 = $6,689

The payment an be in two forms; it can be immediate or delayed. The two are done below:

a. Journal Entries for Immediate payment

Details                                        Dr ($)            Cr ($)

Cash                                            6,689

Card expenses                               261

Sales                                                                 6,950          

b. Journal Entries for delayed payment

When the transaction is carried out, we have:

Details                                           Dr ($)            Cr ($)

Account receivables                    6,689

Card expenses                                 261

Sales                                                                  6,950

When the payment is received, we have:

Details                                           Dr ($)            Cr ($)

Cash                                               6,689

Account receivables                                          6,689

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3 years ago
The group that can affect or be affected by an organization's actions is known as 1. Management 2. Auditors 3. Stakeholders 4. C
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Williams Alternative Power, Inc., a company developing solar panels, has done considerable research and limited production durin
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Answer:

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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