Your friend chooses the graduated repayment plan. what assumption is he making about his future income?

Answers

Answer 1

Answer:

Extended Graduated Repayment Plan

Typically, borrowers who select this plan will have lower monthly payments than they would under the standard or graduated plans. While their payments will increase over time, they'll do so more gradually than they would under the extended plan due to the longer term.

Explanation:


Related Questions

If the police want to enter a home to find evidence, what must they request?

Answers

Answer: warrant

Explanation:

Why is mutual fund investing a good idea for retirement, but not for your emergency fund or short-term savings?.

Answers

A mutual fund is a good idea for making investments for retirement as it preserves the income and assets of an individual. It is not good for making investments in an emergency fund or short-term savings as there is a chance of losing the money.

What is a mutual fund?

A mutual fund is a company that invests the money of various individuals in varied securities in order to get profitable returns. The person who invests in these funds is called a mutual fund investor.

When the amounts are invested in an emergency fund or short-term savings then there is a chance of losing all the investments at one time due to a fall in the value of assets over the period of time. But if the investments are made in mutual funds concerning the retirement period then the investments are conserved for future growth. There are chances of getting good returns with minimum risk on the mutual funds.

Therefore, the mutual fund investments are good for retirement in comparison to emergency funds.

Learn more about the mutual funds in the related link:

https://brainly.com/question/14378238

#SPJ1

Which country in the middle east has the most crude oil?.

Answers

Saudi Arabia has the most

What is one of the biggest challenges when companies are committed to sustainability?.

Answers

Making the business case is one of the biggest challenges when companies are committed to sustainability. As sustainability is the better because it takes the business in a long run.

What are the cause of sustainability of business?

As the modern world, the risk of taking business in a long run becomes difficult because frequently change in technologies and trends of business.

Some challenges of sustainability are Loss of trust in the global corporation, Transparency is the new norm, Rapidly growing inequality, increased hazards and risks to business.

Thus, Making the business case is one of the biggest challenges

For more details about sustainability of business, click here:

https://brainly.com/question/25713190

#SPJ1

Interest rates are expressed as a percentage of ?

Answers

Answer:

The interest rate is the amount a lender charges a borrower and is a percentage of the principal—the amount loaned. The interest rate on a loan is typically noted on an annual basis known as the annual percentage rate (APR).

Explanation:

hope this helps

During the two years he has been working, Jeffrey has saved some money to buy a house. His parents have agreed to loan him part of the down payment, and he has started to look for a house he can afford. He discovered a great house that has two apartments in it. He has looked at all the information carefully, done his budget, and thinks he can afford the house because he will live in only part of it and will rent out the other half. If Jeffrey buys this house, lives in the apartment upstairs and rents out the apartment downstairs, which of the following is true?

Answers

Answer:

you have to give "the following"

Most economists use the aggregate demand and aggregate supply model primarily to analyze.

Answers

Economists utilize the aggregate supply and aggregate demand to analyze the short-run fluctuations.

What are the market forces?

Market forces are the market factors that are influenced by the buyers and sellers leading to changes in the prices of goods or services. They are usually referred to as demand and supply.

The short-run fluctuations are the ups and downs or increases and decrease in the market factors in a shorter period of time which can be analyzed by the economists through the usage of demand and supply curves.

Therefore, the demand and supply are used by economists to analyze the fluctuations in the short run.

Learn more about the market forces in the related link;

https://brainly.com/question/16195516

#SPJ1

Matt and Evelyn have a 30-year $160,000 mortgage on their home. The majority of each monthly payment for the first five years of the loan goes to pay the:

Answers

The majority of each monthly payment for the first five years of the loan goes to pay the interest. As Matt and Evelyn have a 30-year, $160,000 mortgage.

What are monthly payments?

Monthly payments are the installment or the payouts which are given to the employees, both can consider as the monthly payments. Monthly pay can be taken or received by the person, if the person is working they will get and if one has take loan they have to give.

Thus, it is interest.

For more details about Monthly payments, click here:

https://brainly.com/question/14064255

#SPJ1

PLEASE HELP !!!

If you are not interested in a particular job, simply ignore efforts the company makes to contact you.

T OR F

Answers

It is false because it's important to maintain a professional and respectful attitude towards potential employers or the company, even if you're not interested in the job. Ignoring their attempts to contact you could harm your professional reputation and future job prospects.

A company is a legal entity that is formed to carry out business activities. It is usually created by a group of individuals who come together to achieve a common goal of providing goods or services to customers in exchange for money.

The purpose of a job provided by the company is to provide individuals with a means to earn a living, develop skills and experience, and contribute to society through their work.

Learn more about company here:

https://brainly.com/question/29798384

#SPJ1

When $100 is deposited in the banking system, it leads to maximum expansion in bank deposits of $1,000. What is the required reserve ratio assuming that the excess reserves are 0

Answers

The required reserve ratio comes out to be 10% when the bank deposits are $1,000 and the reserves deposited with the central bank are $100.

What are the required reserves?

The minimum reserves that are required to be kept by the banks with the central bank are required reserves. It is one of the bank reserves that need to be maintained by banks.

Given values:

Amount of bank deposits= $1,000

Amount of reserves deposited with the central bank=$100

Computation of required reserve ratio:

[tex]\rm\ Required \rm\ reserve \rm\ ratio=\frac{\rm\ Reserves \rm\ deposited \rm\ with \rm\ the \rm\ central \rm\ bank}{ \rm\ bank \rm\ deposits} \\\rm\ Required \rm\ reserve \rm\ ratio=\frac{\$100}{\$1,000} \\\rm\ Required \rm\ reserve \rm\ ratio=10\%[/tex]

Therefore, when the amount deposited with the central bank is $100 and the bank deposits are $1,000, then 10% is the required reserve ratio to be maintained.

Learn more about the required reserve ratio in the related link:

https://brainly.com/question/13981670

#SPJ1

What does the purpose of the W-4 form?
To inform your employer of how much federal income tax to withhold from your paychecks.
To determine how much your gross pay should be.
To file your tax return.
To avoid paying income taxes on your paychecks.

Answers

The purpose of the W-4 form is: To inform your employer of how much federal income tax to withhold from your paychecks.

What is W-4 form?

W-4 Form can be defined as form that a tax payer is expected to fill so as to enables the tax payer employer to know the amount that should be withhold from the employee  salary or paycheck.

When an employee complete the W-4 form it can help to  prevent the employee from paying excess taxes.

Therefore the purpose of the W-4 form is: To inform your employer of how much federal income tax to withhold from your paychecks.

Learn more about W-4 Form here: https://brainly.com/question/15507745

#SPJ1

Which customer is an internal customer of Eureka Computer Solutions?
A.
Adrian, a regular buyer of products sold by Eureka Computer Solutions
B.
Beth, a first-time buyer of a product sold by Eureka Computer Solutions
C.
Layla, a software engineer employed by Eureka Computer Solutions
D.
Nowzer, a sales distributor for Eureka Computer Solutions
E.
Jessica, a prospective customer for Eureka Computer Solutions

Answers

Nowzer, a sales distributor for Eureka Computer Solutions is an internal customer of Eureka Computer Solutions.

Who is an internal customer?

For a company, an internal customer is the one who has direct relationship with the company hence dependent on them.

Hence, Nowzer, a sales distributor for Eureka Computer Solutions is an internal customer of Eureka Computer Solutions.

Learn more about internal customers here : https://brainly.com/question/2040044

#SPJ1

Which group is projected to make up almost 60% of the workforce by 2029?.

Answers

If I had to take a guess I’d say Latinos

The ability to access food, water, and shelter falls under the right to:

Answers

Survive/live. I hope this helps!

Which nims management characteristic includes documents that record and communicate.

Answers

Answer:

Should be Incident Action Planning or IAP for short

Explanation:

Question 5 of 10
Which of the following is a part of the employment tax?
O A. Income tax
O B. Property tax
O C. Non-compliance fines
O D. Social security tax

Answers

Answer:

D. social security tax

Explanation:

Amanda is 20-years-old and looking to invest $1000. She has always played it safe with very low-risk investments, but now she is ready to take a bigger risk to see if she can earn a bigger return on her investment. She is comfortable having this money tied up for several years, but she would like to withdraw the money sometime in the next 5 to 10 years. Which type of investment will BEST fit Amanda’s needs?

money market mutual fund

certificate of deposit

bond

401k

Answers

Given,

Amanda is 20-years-old and looking to invest $1000. She is comfortable having this money tied up for several years, but she would like to withdraw the money sometime in the next 5 to 10 years.

Solution,

Know that the duration of the certificate of deposit has a period of seven days to one year.

Know that bonds have a duration depending upon the issuer but there is no gain in that period.

Therefore, mutual funds in the money market are the best option as it shall give a high return in the said time period.

Hence, the correct option is (A) i.e. money market mutual funds.

Answer By: https://brainly.in/app/profile/38246472/answers (Thus the work is not mine).

Consider a family that has one working parent, a stay‐at‐home parent, and three children. Two of the children are in elementary school, and the youngest child is in Pre‐Kindergarten. They have a house, a car, and a minivan, and they carry some credit card debt.

The house is valued at $89,000 with a mortgage balance of $80,000.
The car is worth $15,000. The family owes $15,000 on this auto loan.
The minivan is worth $20,000. The family owes $16,000 on this auto loan.
They financed new household furnishings valued at $5,000. The family owes $4,500 on this loan.
They have $15,000 in their retirement account.
They have $1,500 in emergency savings, $1,000 in savings, $500 in checking, and $1,500 in a CD.
They have $200 in cash.
Balances on the credit cards total $15,000.
The family pays $500 per month for school loans; the current balance is $25,000.
The family pays $350 per month for Pre‐Kindergarten tuition.
All of the children are on soccer teams, which costs $100 per month.

For this assignment, use the information above to answer the following questions about the family's net worth:

Calculate the family's total assets.
Calculate the family's total liabilities.
Calculate the family's net worth, and identify whether the net worth is positive or negative.
List any expenses that would not fall on the balance sheet.

Answers

1. The family's total assets = $148,700.

2. The family's total liabilities = $155,500.

3. The family's net worth is ($6,800), which is $148,700 - $155,500.

What is the family's net worth?

The family's net worth is the excess of its total assets minus its total liabilities.

The net worth can be positive or negative.  It is negative when the total liabilities exceed the total assets.

Data and Calculations:

                                         Assets       Liabilities

House on mortgage      $89,000       $80,000

Car on auto loan               15,000          15,000

Minivan on auto loan      20,000          16,000

Furnishings                        5,000           4,500

Retirement account         15,000

Emergency savings           1,500

Savings                              1,000

Checking account              500

CD                                     1,500

Cash                                    200

Credit cards                                         15,000

School loan                                         25,000

Total                          $148,700      $155,500

4. Thus, the expenses that would not fall on the balance sheet are:

Payment for school loans of $500 per monthPre-Kindergarten tuition of $350 per monthPayment for soccer teams of $100 per month.

Learn more about computing net worth at https://brainly.com/question/12371230

#SPJ1

A _____ _____ is similar to a bond payable but is normally transacted with a single lender such as a bank

Answers

A note is transacted through a single lender but it is similar to a bond payable.

What are bonds?

Bonds are the trading securities in the stock market which provide a constant amount of interest to the holder of bonds.

A note is a kind of debt where one party, that is, the payer agrees to pay back against the amount taken from the other party, that is, the lender.  In the case of bonds, they are issued by companies to a large group of investors, called bond investors. Both are debts but contrasted on the basis of a number of lenders.

Therefore, the bond payable is similar to the note but differentiated due to the involvement of only one lender.  

Learn more about the bonds in the related link:

https://brainly.com/question/14064867

#SPJ1

Match each action to their correct definitions.

tax on imported goods

trade restriction that limits
the number or monetary
value of goods that a
country can import or
export

Money given by government to local companies to reduce their costs and to keep prices low


1. Tariff

2. Subsidy

3. Quota

Answers

A Tariff basically means any type of tax imposed on an imported goods.

What is a tariff?

It means any duty imposed on class of imports or exports which are used as source of revenue known as taxation for the government.

What is a Subsidy?

This refers to the money given by government to local companies to reduce their costs and to keep prices low

What is a Quota?

This refers to the trade restriction that limits the number or monetary value of goods that a country can import or export

Read more about Trade

brainly.com/question/15115779

#SPJ1

An HR executive observes that telework or telecommuting has been a rising trend. She considers developing a policy to allow telecommuting at her company. Which statement is a fact about telecommuting that would support implementing this policy

Answers

"An HR executive observes that telework or telecommuting ..." the statement that is a fact about telecommuting that would support implementing this policy is. Telecommuting may support a strategy of corporate social responsibility. This is further explained below.

What is Telecommuting?

Generally, Telecommuting is simply defined as using technology to do business from one's own home, usually via the use of email and a telephone.

In conclusion, In favor of enacting this policy, "An HR executive notes that telecommuting" is a fact concerning telecommuting. Corporate social responsibility may benefit from the use of telecommuting.

Read more about Telecommuting

https://brainly.com/question/6233218

#SPJ1

Robert hired James, a CPA, to prepare his tax returns. James was too busy and delegated the work to Sara, also a CPA. This delegation is

Answers

The delegation exceeded, with the aid of using James to Sara for preparing the tax return, is known as the Delegation of Authority.

What is delegation of authority?

The delegation of authority refers back to the department of exertions and decision-making obligation to a person that reviews with a pacesetter or supervisor.

It includes giving them the obligation to perform the obligations that can be delegated to them in the manner they see fit. Along with obligation, they also have the corresponding quantity of authority.

This ensures that obligations are completed efficiently and that the individual feels accountable for their completion. On one level, delegation is simply dividing up paintings into obligations that others can do.

Delegation, at its best, empowers people to do the work that they would like to do. It enables them to invest more in themselves at work and expand their own competencies and abilities.

It additionally permits the supervisor to do other essential work that is probably more strategic or higher-level. In other words, delegated authority is more than simply parsing out work.

It is simply sharing obligations, ownership, and decision-making. Delegated authority is shared authority.

Learn more about Delegation of Authority, refer to:

brainly.com/question/15887650

#SPJ1

Explain at least four costumer rights.

Answers

Answer: The right to safety, the right to be informed, the right to choose and the right to be heard.

Explanation:

Which layer most likely has a pressure, represented in units of gpa, within the range of 310 gpa to 150 gpa?.

Answers

Answer:

It should be the outer core

Explanation:

When Amazon changed the face of e-retailing in the 1990s, traditional brick-and-mortar bookstores had to adapt quickly. To regain competitiveness, they had to bolster their information technology capabilities, which involved examining

Answers

To regain competitiveness, Amazon's strategy which was dependent on IT involved examining competitive intelligence.

What is competitiveness?

Competitiveness is the quality of being relevant and profitable in the market. That is the preferred brand in the market.

Competitiveness means that the customers see value in your products and are willing to pay for it, given that the price is right.

Learn more about competitiveness at:
https://brainly.com/question/26491505

#SPJ1

What is the best advice to keep in mind as you grow your business?

Answers

Answer:

Be smart and watch out for snakes

What government agency seeks to protect consumers and promote
competition?
O A. FTC
B. ITA
C. FDA
D. IRS

Help asap please

Answers

Answer:

A : the FTC

Explanation:

can i have brainliest pls

ok bye bye thank you

It’s A, the person above is right!

The deadweight loss associated with a monopoly occurs because the monopolist.

Answers

The deadweight loss associated with a monopoly occurs because the monopolist produces an output less than the socially optimal level.

What is monopoly?

A monopoly is an economic structure where a specific person or enterprise is the only supplier of a particular good.

The above means that company that exists in a market with little to no competition and can therefore set its own terms and prices when facing consumers, making them highly profitable.

Hence, the deadweight loss associated with a monopoly occurs because the monopolist produces an output less than the socially optimal level.

Learn more about monopoly here : https://brainly.com/question/13113415

#SPJ1

What color scheme would make the most sense for a spa targeting women?
o a. red
ob. blue
oc. pink
od. yellow

Answers

Answer:

Pink.

Explanation:

Because it is seen as the stereotypical colour for women, due to socialisation in different ways for each gender.

Read the following statements and decide in which one you think it is ?

Contact lenses for a person who wears glasses?

A. Economic good/Economic service?

B. Consumer product/Industrial product?

C. Classification(s) of consumer or industrial product?

Answers

Answer:

Uhm...C?

Explanation:

I think so I hope this helps...

Other Questions
Which part of the Federal Government has the power to declare war?PresidentSenateHouse of RepresentativesSupreme Court of the United States What is the area, measured in square centimeters, of the green shapepictured below? Do not include units in your answer. If f(x)= 5x-1 and g(x)=3x+2, find f(g(x)).Pls help me!! Read the passage.From what point of view is Pardon Me written?A third person, objectiveB first person, limited to FreedomC first person, limited to the narratorD third person, omniscient the organelles in a cell to the organs in your body. How did young people help bring about reform in Eastern Europe?They stopped paying taxes.They stopped supporting communist governments.They stopped voting for corrupt leaders.They stopped spending money at government-owned businesses. The height of a ball kicked into the air from the ground can be approximated by the function h=-5t^2 + 15t, where h is theheight in meters and t is the time in seconds.Find the time it takes the ball to hit the ground. Show all work Tamiya's flower garden has 15 rows of 32 red rose flowers each Grace wants to find the probability of a family of 3 children having 2 boys and 1 girl. Use a tree diagram to list the possibilities and state the probability of 2 boys and 1 girl.A) 3/8B) 2/3C) 5/8D) 1/2 What is carbon's number of neutron,proton,atomic number,mass number PLEASE ANSWER FASTAccording to the map, where did the Black Death originate in Europe? How did movement affect the outcome? ( brainliest and screenshot below ) Somebody answer and explain, please. which of the following occurred in the early 20th century that was predicted by the artist A manufacturer sells mirrors in the shapes of squares. The smallest size mirror the manufacturer sells has an area of 4 ft ^2. The largest size mirror has an area of 9 ft^2. which graph represents the possible side lengths of the mirror sold by the manufacturer. How did Odysseus feel about leaving home to fight with Agamemnon?Question 2 options:He was excited to be a heroHe didn't want to leave his wife and son and tried to pretend like he was crazyHe wanted to bring wealth and fame to his cityHe was afraid, but he knew this was his chance to prove that he was brave____________________________________________________________Why was Penelope upset that so many suitors were in her home?Question 4 options:They were eating all of the food and wanting to marry Penelope for her money and status.Penelope wanted more suitors to come to her home to try and marry her. Telemachus was upset that Penelope would consider marrying anyone.Penelope didn't like any of the men in Ithaca. ______________________________________________________________What does Telemachus learn has happened to Odysseus?Question 5 options:Odysseus is deadOdysseus has been trapped on Calypso's islandOdysseus decided to stay in Troy and start a new lifeAthena made Odysseus a god and now Odysseus lives on Mount Olympus. calculate the area of the triangle so yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee Help it keeps telling me im wrong the average of 21, 18, 16 and x is 20. what is the value of x? (x - 2)2 + (y +13)2 = 150Center:Radius: Tyrell has a bankruptcy on his credit report and therefore pays higher interest rates on his current loans. he calculates that the extra money he pays in additional interest each year, if invested at the rate of 2.5% for one year, could earn him simple interest totaling $300. how much does tyrell pay in additional interest each month? a. $90 b. $100 c. $1,000 d. $12,000 please select the best answer from the choices provided. a b c d