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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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The cost of using/borrowing money is reflected in the
spayn [35]
Interest rate? Repayment amounts? Length of time of loan? Smile on the face of the money lender? Might there be a little more to this quesition?
8 0
3 years ago
Mike has one hour to spend at the gym where he will jog, play handball and cycle. jogging uses 10 calories per minute, handball
slega [8]
Let
x = minutes used for jogging
y = minutes used for handball
z = minutes used for cycling

Th total time spent is 1 hour (60 minutes), therefore
x + y + z = 60

Because Mike jogs as long as he cycles, therefore
x = z
Therefore
2x + y = 60
or
y = 60 - 2x                 (1)

Jogging consumes 10 calories/min, handball consumes 9 calories/min and cycling consumes 12 calories/min.
The calories consumed in 60 minutes is 580, therefore
10 x + 9y + 12z = 580
Because x = z,
22x + 9y = 580          (2)

Substitute (1) into (2).
22x + 9(60 - 2x) = 580
22x + 540 - 18x = 580
4x = 40
x = 10
y = 60 - 2x = 40
z = x = 10

Answer:
10 minutes of jogging
40 minutes of handball
10 minutes of cycling.

4 0
3 years ago
Show how Cablevision can conduct an ROI analysis. Describe the information that the company should collect and how it should b c
Flauer [41]

Answer:

Explanation:

Cablevision can easily accomplish this by doing the following. First gather the number of sales of premium services and other products that non-trained individuals are accomplishing in a given time period (example, one month). Next, under the same conditions place the newly trained individuals and gather the same data from them (number of sales/subscribers gained, premium products, and other products). Finally, they would simply need to compare the difference in the number of sales to see if the training paid off. They would also need to calculate if the difference in sales surpasses the costs of training.

3 0
3 years ago
True or false: A management contract is an arrangement in which one firm contracts with another to produce products to its speci
Nina [5.8K]

The statement which states that a management contract is an arrangement in which one firm contracts with another to <em>produce products</em> to its specifications is false

According to the given question, we are asked to show whether a management contract is one where there is an arrangement between two firms to <em>produce its goods </em>to its specifications.

As a result of this, we can see that a management contract is one where one firm gives its management skills <em>in part or in full</em> to another firm.

With this in mind, we can see that contract manufacturing is one where there is an arrangement in which one firm contracts with another to <em>produce products</em> to its specifications but is in charge of the marketing.

Therefore, the correct answer is false.

Read more here:

brainly.com/question/17440307

3 0
3 years ago
When the effective-interest method of bond discount amortization is used,
SSSSS [86.1K]

Answer: C. interest expense will not be a constant dollar amount over the life of the bond.

Explanation:

When a bond is sold at a discount, the discount will have to be amortized over the life of the bond to ensure that it reaches par at maturity.

As a result, the interest expense will be based on a larger figure every year which would mean that it would have to be larger each time. t will therefore not be a constant dollar amount over the life of the bond.

6 0
3 years ago
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