The equivalent of his student loan debt can be over re-paid while being spread over number of years.
<h3>What are maximum student loan debt?</h3>
The maximum student loan debt refers to maximum amount of loan that are grantable to student and are expected to be repayed back either during school or when employed.
For undergraduates, the maximum is $57,500 and $138,500 for graduate or professional students.
Because he expects his starting annual salary to be $35,000, then, the equivalent of his student loan debt can be over re-paid while been spread over number of years.
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Answer:
The correct answer is option (B) perfectly inelastic
Explanation:
It is a known facts that anytime tax is imposed on any goods at any given time, the tax falls totally on the consumers provided the elasticity of demand is zero.
Since increase in tax doesn't affect the demand for goods and services, and no matter the increment in price from the supplier, the demand remains the same. Therefore, the demand curve for goods Y is said to be perfectly inelastic.
Answer:
A) 0.0618
Explanation:
Variance is given by:
Where 'Xi' is the value for each term 'i' in the sample of size 'n' and μ is the sample mean.
The mean investment return is:
The variance is:
The variance of the returns on this investment is A) 0.0618.
Answer: HOA lien
Explanation:
Homeowners associations (HOAs) are in charge of different operational and maintenance duties associated with a neighborhood or building. Homeowners associations are financed by dues from the homeowner members.
In a situation whereby the homeowners members delay their dues or does not pay their dues, Homeowners associations can place liens on the homes of their members. A lien is a legal hold on a property.
True-No conflict will exist between the NPV and IRR methods, when used to evaluate two equally risky but mutually exclusive projects, if the projects' cost of capital exceeds the rate at which the projects' NPV profiles cross.
<h3>
What is NPV and IRR methods?</h3>
While the IRR approach calculates the projected percentage return, the NPV method produces the predicted dollar worth of a project.
Purpose. The breakeven cash flow level of a project is the emphasis of the IRR approach while project surpluses are the subject of the NPV method.
assistance with decisions. Since it provides a dollar return, the NPV approach delivers an outcome that serves as the basis for an investment decision. The IRR approach is not helpful in making this choice because its percentage return does not indicate to the investor how much money will be produced.
Reinvestment rate. When NPV is utilized, the firm's cost of capital is the assumed rate of return for reinvesting intermediate cash flows; when it is the internal rate of return.
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