Julie plans on taking out student loans to pursue her college education in teaching. Should Julie take out a private loan or a federal loan and why?Select the best answer from the choices provided.
A. a federal loan because she may qualify for loan forgiveness
B. a private loan because she may qualify for loan forgiveness
C. a federal loan because her credit history will not be affected if she does not pay it back
D. a private loan because she can qualify for deferment while she is a student

Answers

Answer 1
Answer: The answer to this question is letter A.

Julie plans on taking out student loans to pursue her college education in teaching. Julie should take out  a federal loan because 
federal loans are more forgiving than private loans. Therefore she should take a federal loan because she may qualify for loan forgiveness.

Related Questions

The person or business named on the check to receive the money is called the ________.
Which of the following is a business organization based on the belief that if individuals work together, they can help benefit one another? A. cooperative B. labor union C. limited liability partnership D. general partnership
Determine whether each of the following is covered by microeconomics or macroeconomics. a. What price to charge for an automobileb. Measuring the impact of tax policies on total consumer spending in the economyc. A household’s decision regarding how much to work each weekd. Designing a government policy to increase total employment
Ownership of an individual housing unit in a building is commonly called:a. a cooperative. b. modular housing. c. manufactured housing. d. a condominium. E. zoned housing.
Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. when the firm hires 6 workers the firm produces 90 units of output. fixed costs of production are $6 and the variable cost per unit of labor is $10. the marginal product of the seventh unit of labor is 4. given this information, what is the marginal cost of production when the firm hires the 7th worker?

A phone company offers 2 monthly charge plans. In plan A , the customer pays a monthly fee of $25 and then another additional 9 cents per minute of use. In plan B, the customer pays a monthly fee of $32.60 and then an additional 7 cents per minute of use. For what amounts of monthly phone use will Plan a cost no more than plan b?

Answers

Answer:

380 minutes

Explanation:

Given: Plan A : Monthly fee $25

                         Additional per minute charges = 9 cents

          Plan B = Monthly fee = $32.60

                         Additional per minute charges = 7 cents

The equation for cost usage under plan A will be,

X = 25 + 0.9 y

wherein y denotes the number of minutes consumed

Similarly, for Plan B, the equation would be,

X = 32.6 + 0.07 y

since total cost under the two has to be same at the same number of minutes.

Equating the two , we get,

25 + 0.09 y = 32.6 + 0.07y

⇒ 0.02y = 32.6 - 25

⇒ 0.02y = 7.6

⇒ y = (7.6)/(.02)

y= 380

Hence till the usage level of 380 minutes, Plan A will not cost more than Plan B.

Beta Electronics the following data for the year ended December 31, 2019:A) Beginning Cash balance $14,000
B) Cash flows provided by operating activities 12,000
C) Cash flows used by investing activities (8,000)
D) Cash flows provided by financing activities 9,000
What is the ending cash balance?

Answers

Answer:

$27000

Explanation:

Given: Beginning Cash balance $14,000

          Cash flows provided by operating activities 12,000

          Cash flows used by investing activities 8,000

          Cash flows provided by financing activities 9,000

Now, calculating the ending cash balance:

Ending cash balance is calculated by subtracting cash outflow from cash inflow.

∴ Ending cash balance= (\textrm{Beginning cash balance+cash flow from operating activities+ financing activities}- investing\ activities)

Ending cash balance= 14000+12000+9000-8000= 35000-8000

Ending cash balance for December 31, 2019 is $27000.          

David, an Alabama resident, files a suit in an Alabama court against QuickAds, an Internet company based in Georgia that provides advertising services.QuickAds only contact with persons in Alabama has been through QuickAds's passive advertising. The Alabama court is A. likely to have jurisdiction over the case.B. not likely to have jurisdiction over the case.C. likely to refer the case to a higher district court.D. likely to refer the case to an appellate court.

Answers

Answer:

B. Not likely to have jurisdiction over the case is the correct answer.

Explanation:

In the US, A state court can have jurisdiction over the case in which there is some connection to the state. The majority of civil and criminal cases are handled by the state courts. State courts apply state laws to decide cases. They are common law cases. The state's constitution and legislation's are binding on them, if the need arises they also take the federal court into account. The decisions of the lower courts can be challenged in high courts.

Liquidity of savings refers to ____.a.
availability of your funds on short notice
b.
earning potential of savings
c.
security or safety of funds on deposit
d.
tax-free accumulation of savings

Answers

Answer: a. availability of your funds on short notice

Liquidity of savings refers to availability of your funds on short notice.

Explanation:

Liquidity of savings means the availability of cash in order to meet immediate and short-term obligations or operating needs. Cash is the most liquid asset. Some investments can easily be converted to cash like stocks and bonds because they are very liquid. They can be converted to cash within days and as a result, they are known as liquid assets.

Liquidity of savings refers to A. AVAILABILITY OF YOUR FUNDS ON SHORT NOTICE.

Liquidity is the terms used to describe how assets can easily be converted to cash.

The most liquid asset is cash because it is easily available for use as payment in any business transactions.

A bank line of credit is a prearranged loan amount that you can access my writing specific checks true or false

Answers

Answer: True

A bank line of credit is a prearranged loan amount that you can access by writing specific checks

Explanation:

A line of credit (LOC) refers to a type of loan extended to an individual, organizations or government which establishes the maximum loan amount a customer can borrow. It is a form of arrangement between a financial institution and its customer. It is an open-end credit account that enables borrowers to spend money, repay it, and spend it again. A customer or borrower can access funds from the line of credit in agreement with the maximum amount that is agreed upon because he or she must not exceed the limit. The loan on the line of credit must be paid back within a specified time and at a specified interest rate. It allow a borrower to write checks (drafts) in order to access the loan.

I'm not 100% sure but I think that its, true?

Which of the following is a good way to improve your credit score? A. Move debt around frequently.
B. Pay your bills on time.
C. Apply for several credit cards.
D. Don't allow balances to get to zero.

Answers

A good way to improve your credit score is B) pay your bills on time 
B) Pay your bills on time will help improve your credit score