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podryga [215]
2 years ago
10

Tara wants to minimize her need for student loans. Identify three factors Tara should consider to minimize her student loans, bu

t still obtain a college degree
Business
2 answers:
Vedmedyk [2.9K]2 years ago
8 0

Answer:

The right answers are to consider costs, savings plan and scholarships.

Explanation:

Tara should consider colleges with lower total costs, and also consider living in her parents' home to avoid room and board costs, as this would allow her to continue studying on a low budget.

You should create a savings plan, if you have some money saved, this allows you to earn interest to help pay for your studies.

You should maximize the potential of the scholarships, learning about all those you can apply to and managing your resources to acquire them.

Have a nice day!

dybincka [34]2 years ago
5 0

Answer:

Tara should research cheaper colleges, living at home while attending school, and good savings plans.  

Explanation:

Just took the test...

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Alima has invested $50,000 in an S&P 500 index ETF that charges a total expense ratio of 8 basis points per year. How much w
katrin [286]

Answer:

Alima will pay 40 dollars in management of her fund.

Explanation:

A basis point is equivalent of 1/100th of 1%  

an expense ratio of 8 baiss point will be equivalent to 0.08%

0.08/100 = 0.0008

The managenement will get this as expense ratio while invesotr will see their investment yield decreases for this amount.

On a yearly basis Alima will pay $50,000 x 0.0008 = 40 dollars

7 0
2 years ago
g The following facts are known: • The total pounds needed for production are 2 times the units to be produced. • The desired en
OLEGan [10]

Answer and Explanation:

The Preparation of direct material budget is shown below:-

                      Direct Material budget  

Particulars                            Amount              

Units to be produced          $90,000   Y

Material per unit                      2  

Total pounds needed for

production M                    $180,000 2Y

Add: Desired ending Direct

Material Inventory 20%    $36,000 (.2 × 2Y = .4Y)

Total Material requirement $216,000 (2.4Y )

Less: beginning Raw material

Inventory                             $9,000  (.1Y)

Material to be purchased

Account                             $207,000 (2.3Y)

Cost per pound C               $5

Total cost of direct Material

Purchases A                        $1,035,000  

2Y + .4Y - .1Y = $207,000

Y = $207,000 ÷ 2.3               $90,000

8 0
2 years ago
During the year, the Senbet Discount Tire Company had gross sales of $865,000. The firm’s cost of goods sold and selling expense
Svetllana [295]

Answer:Net Income =  $68,730  ; Operating cash flow=$181,730

Explanation:

Gross sales                        $865,000

Less:

Cost of good sold               $455,000

 selling Expenses                 $210,000

Total                                     $200,000

Interest on notes  $200,00 X 4% = 8,000

Depreciation                         $105,000

EBT                                          $87,000

 (  $865,000-    $455,000-    $210,000- $8,000 - $105,000  )          

less tax at  21%                             $18,270

(87,000 x 0.21)

Net Income                                 $68,730 

(87,000 - 18,270)

b) Operating cash flow = Net income + depreciation + interest

                                $68,730 + $105,000 +   $8,000     =$181,730

3 0
2 years ago
Luis has $170,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis
serious [3.7K]

Answer:

Luis will have $ 1,153,675.657524 in his account at the time of his retirement.

Explanation:

Acording to the data Luis has $170,000 in his retirement account

His current account after 30 years at 4.5% compounded quarterly will be

Current account = $ 170,000(1 + (0.045/4))^(4*30)

Current account = $ 650,838.260724

Acording to the data Luis also plans to put $2000/quarter into the new account until his retirement 30 years from now.

The future value (FV) of the account will be

FV = 2000[(1 + (0.045/4))^(4*30) -1] / (0.045/4)  0.01125

FV = $ 502,837.3968

Therefore, to calculate how much will Luis have in his account at the time of his retirement we have to calculate the following:

Total amount = Current account+FV

Total amount = $ 650,838.260724 +  $ 502,837.3968

Total amount = $ 1,153,675.657524

Luis will have $ 1,153,675.657524 in his account at the time of his retirement.

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