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Marlie has to decide whether she could afford to make interest only payments for the first 4.5 years or decides to make no payments during the 4.5 years the interest will be capitalized at the end of the. Suppose marlie decides to defer The payments
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Incomplete question. The full question read;
Marlie will be starting college next month. She was approved for a 10-year, Federal Unsubsidized student loan in the amount of $18,800 at 4.29%. She knows she has the option of beginning repayment of the loan in 4.5 years. She also knows that during this non-payment time, interest will accrue at 4.29%. Marlie has to decide whether she can afford to make interest-only payments for the first 4.5 years or defer all payments for that period of time. If she decides to make no payments during the 4.5 years, the interest will be capitalized at the end of that period. Suppose Marlie decides to defer the payments.
a. What will be the new principal when she begins making loan payments?
b. How much interest will she pay over the life of the loan?
Answer:
a) $22,429.34.
b) $5,292.20
Explanation:
a. To determine the new principal when she begins making loan payments we use the simple terms formula:
S.I = principal * rate * time
principal = $18,800, rate = 0.0429 (converted to decimal; 4.29/100), time = 4.5
S.I = 18,800 * 0.0429 * 4.5 = $3,629.34
New principal = interest paid + borrowed amount = $3,629.34 + $18,800 = $22,429.34.
b) Remember, she had paid interest for 4.5 years, meaning we are calculating the remaining 5.5 years to complete the 10-year life of the loan, also taking note of the new principal.
Hence the total Interest paid over the life of the loan = $22,429.34 * 0.0429 * 5.5 = $$5,292.20.
would u go out with me
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Answer:
No
Explanation:
This is not a dating site...
Type the correct answer in the box Spell all words correctly
How do small business firms add to a country's economy
Small business firms create many BLANK
opportunities that help develop communities as well as the country's entomy
Reset
hen
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Answer:
Small business firms create many job opportunities that help develop communities as well as the country's economy.
Explanation:
Small businesses are of great importance to the economy because they create income-generating opportunities for entrepreneurs and their employees. The Entrepreneur risks their resources to start the business and is rewarded with profits.
Small businesses sell goods and services that provide solutions to the needs of the community. They bring solutions to people's needs closer to them, thereby improving society's being. Small businesses create job opportunities that become a source of income for many
Answer: JOB
Explanation: for plato this is correct
Where should you look to find your current expenses when building your budget
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A certificate of deposit pays a higher interest rate than a savings account because the money is
A.) guaranteed by the government.
B.) kept by banks for a longer time period.
C.) loaned to banks by consumers.
D.) immediately available to consumers.
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Answer: The answer is:
B: kept by banks for a longer time period.
Explanation:
Edge 2023
Hope this hel :}
define the word buffer in entrepreneurship ( business ) form .
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Answer:
a means or device used as a cushion against the shock of fluctuations in business or financial activity
What typically motivates entrepreneurs to improve goods and services or create new ones?
A.profit
B.philanthropy
C.prestige
D.production
I need help ASAP
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Answer:
A. Profit
Explanation:
Did you know that you can save 15% or more with GEICO on car insurance?
Did you know that you can save 15% or more with GEICO on car insurance?
Also, when was Geico founded? Why is a gecko the mascot? What is the advertising value of that?
Did you know that you can save 15% or more with GEICO on car insurance?
Did you know that you can save 15% or more with GEICO on car insurance?
Answers
Answer:
I totally had no idea
Explanation:
I cant believe it!!
Yes, GEICO claims that you can save 15% or more on car insurance.
The GEICO gecko, also known as the GEICO lizard, became the company's mascot in 1999. The choice of a gecko as a mascot was a strategic decision by GEICO's advertising team. The gecko was selected for its likability and distinctiveness, helping GEICO to stand out in a crowded insurance market. The gecko character quickly gained popularity through memorable and humorous advertisements, which contributed to GEICO's brand recognition.
The advertising value of using a gecko as the mascot lies in its ability to create a strong and memorable association with the GEICO brand. The gecko has become synonymous with GEICO, and the consistent use of the character in their advertising campaigns has helped build trust and familiarity with customers. By utilizing a unique and recognizable mascot, GEICO has successfully captured attention, increased brand awareness, and ultimately attracted customers to explore their insurance offerings.
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What is a router?
(please describe in a specific way)
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Answer:
I can't really describe in a specific way but it's for internet
5) Review the following citation. What type of media does it represent?
Patchin, J. W. & Hinduja, S. "School-based Efforts to Prevent Cyber-bullying." The Prevention
Researcher19.3 (2012): 7-9. Print.
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Answer:
im bored
Explanation:
im bored
25 points, why are certain brands global brands? 3-4 answers
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Answer:
they are global brands because they are very popular. like nike a lot of people buy there stuff so they make more biulings and become global. so basicly
its where brands have stores all over the worldExplanation:
what is pruning? what are the fruits trees primarily purned for?
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Answer:
To cut off dead, unwanted, useless parts of a bush and the purpose of pruning fruit trees is to maintain tree size, shape, and vigor.
Type the correct answer in the box. Spell all words correctly.
What does this situation demand from the company?
Martha bought a new laptop a week ago. She’s having trouble understanding how the laptop functions. She wants the store where she bought the laptop to help her. The store should provide Martha with good_______
by giving her all the information she needs.
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Answer:
After-sales service
Explanation:
After-sales service are all the efforts of a business to keep its clients happy and satisfied with the products they have purchased. It is providing care to customers after they have made purchases from the business. After-sale service help in retaining and building loyal customers.
Some of the techniques used in after-sales service include
Keeping in touch with customers after purchases Responding to customer queries either on call, emails, or customer visit Offering technical supports when a customer is facing challenges like in the scenario described aboveAnswer:
customer service
Explanation:
I just took the test on Edmentum
Even though there are about 15 percent more acers planted in corn rather than soybeans in the United States, corn sales are 63.9 billion annually compared to soy's revenue of 37.6 billion. This indicates which of the following?
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Answer:
C
Explanation:
If the total acreage is only +15% then either the yield or price (or both) must be higher to account for the price difference
Drag the tiles to the correct boxes to complete the pairs. Match the credit types to the examples. Paying by credit card: House mortgage: Student loan: Tiles: Unsecured credit Installment credit Secured credit
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Answer and Explanation:
The matching of the items are as follows
House mortgage = Secured credit
The mortgage of the house would be considered as a secured credit in which the person who takes a loan have to mortgage his property
Student loan = Unsecured credit
This could be considered as an unsecured credit
Paying by credit card = Installment credit
If the amount is paid by the credit card so it would be considered as an installment like emi
The match up are:
House mortgage = Secured creditPaying by credit card = unsecured creditStudent loan is installment credit What is credit?Credit is known to be the ability that a person has to borrow money or collect goods or services using a loan.
Note that The match up are correct and as such:
House mortgage = Secured creditPaying by credit card = unsecured creditStudent loan is installment creditLearn more about credit from
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is an
emerging green career dedicated to the discovery of energy using the sun as its source
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what class is the most important in middle school?
A. History/Social Studies
B. Gym
C. Career
D. Health
E. Math
F. English
G. Science
H. Foreign Language Class(es)
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Answer:
first,E then F then G then C and yea
Explanation:
When you first start planning special event, what do you need to figure out?
A. The number of flyers to print
B. The goal of the event
C. The number of employees who will help plan the event
D. The list of attendees for the event
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Answer:
B. The goal of the event
Explanation:
Without knowing what you hope to accomplish you can't plan anything else
Answer:
D.
Explanation:
so that you know how much of everything you are going to need
Should a congress bill contain “whereas” clauses ?
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Ion really get your question
For Hair Salon
How much funding do you think you need to run your business for 1 year? Why?
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Answer:
100,000 for a building and expect to have an extra 40,000 for hair equipment.
Explanation:
Honesty there will be a difference depending on where you live. But even small office space can range from 100,000 to 600,000 and keep in mind that you will need to have anywhere from 40,000 to 250,000 for any hair equipment. Staring a business is not cheap but most people try to start their business off at home they work their way up the ladder to success.
Hope this helps and good luck!
What is a likely trend for social media in the future?
You may see smaller groups forming.
You may see more diverse groups forming.
You may see larger groups forming.
You may see less specific groups forming.
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Answer:
I would go with either A or B.
Explanation:
Not all social media trends start in large groups. Some can start by 1 person.
Answer:
I will go with the second one because the world is becoming more excepting of other groups besides their own
Explanation: can I get brainliest i have never got it
Workplace technology is relied upon by businesses to increase
O A. Employee turnover
O B. Philanthropy
O C. Efficiency and effectiveness
O D. Malfunction and futility
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Answer:
C
Explanation:
Workplace Technology focues on maximizing effency to increase profit margines
Hope this helps you!
Have a great day!
Name two occupations in the Hospitality and Tourism Industry- Restaurants and Food/ Breverage Services.
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Answer:
chef and waiter
Explanation:
Is a savings account safe for than investing in stock market
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Which of these factors is most likely to lead to an increase in wages?
the formation of a labor union
a government with a budget surplus
the use of an assembly line
outsourcing and offshoring
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Answer:
the formation of a labor union
Explanation:
Labor unions are often formed for this purpose. Workers have more power when they join together in a union. This way they are able to demand higher wages and other things like better working conditions.
Which of the following is an example of sustainable farming
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Sustainable farming focuses on producing long-term crops and livestock, while also having minimal effects on the environment.
Jane has just graduated from college and is ready to pursue a career in marketing. She asks you, her advisor to review her career portfolio before beginning her job search. Which of these items do you suggest she remove from her portfolio? O A. College transcript B. Honor society award O C. Previous job as a sales associate O D. Prom queen award
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Prom queen award is the items do you suggest she remove from her portfolio. Hence, option D is correct.
What is a career in marketing?Marketers are responsible for promoting a company's products and services. Marketing experts frequently create and execute both inbound and outbound promotional campaigns that raise brand awareness and use marketing techniques to convince people to make a purchase from a company.
Marketing is a strong major due to its amazing versatility and potential to lead to a wide range of high-paying, in-demand careers with outstanding work satisfaction and opportunities for further study. Students majoring in marketing might make between $50k and $208k per year. The Top 10% of Earners Made Over $208,000.
The report's conclusions were based on information gathered from a survey of more than 400 marketing and advertising professionals situated in the United States.
Thus, option D is correct.
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.....................................hi
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Answer:
Hi!! I hope you are great. Thanks for the pts...
are a cellular phones appropriate and suitable for the market and for the customers today? why?
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Explanation:
they are suitable since because they help different people to communicate
Answer:
i think this will help you
The focal point of most ads is _____.
A)the content
B)the tag line
C)the call to action
D)the image
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Answer:
A) THE CONTENT
Explanation:
ADS IS PRODUCE BY CONTENT BECAUSE IF YOU DONT HAVE CONTENT YOU DONT HAVE ADS