QUESTION 2 When looking to finance higher education, what is the best order to look for funding sources?

Answers

Answer 1

Answer: The correct order would be :

Grants/Scholarships - Federal student loans - Private Loans

Grants/Scholarship , which mean you got somebody else pay the tuition for you and you could pursue your education for free

Federal student loans, usually in a fixed low interest rates and is really flexible in payment term

Private loans , usually in a high interest rate and fixed payment term

Answer 2

Answer:

Final answer:

The best order to look for funding sources for higher education is scholarships and grants, followed by federal student loans, and finally private student loans.

Explanation:

When looking to finance higher education, it is best to consider funding sources in a specific order:

Scholarships and Grants: Start by searching for scholarships and grants that do not need to be repaid. These can be obtained from various sources such as colleges, organizations, or government programs.
Federal Student Loans: If scholarships and grants are not sufficient to cover the costs, consider applying for federal student loans. These loans often have lower interest rates and more flexible repayment options compared to private loans.
Private Student Loans: As a last resort, consider private student loans. These loans are provided by banks and other financial institutions and usually have higher interest rates and more strict repayment terms.

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Examine the methods that FNB can use to compete with other banks

Answers

In order to compete with another banks, it can do :
- Offer various benefit to gain more customer's deposit
- Create a specific market share and after only a specific consumer
- Make some goods investments to raise its total capital within its region

Joseph is consuming three units of pizza and two units of soda. The price of pizza is $5 and the price of soda is $1. If he is consuming the optimal consumption bundle and his marginal utility of the third unit of pizza is 50, his marginal utility of the second soda is:A. 50.
B. 5.C. impossible to determine unless you know Joseph's income.
D. 10.

Answers

Answer:

D) 10

Explanation:

Joseph is consuming pizzas at $5 per slice and sodas as $1 per soda.

If the marginal utility of the third slice is 50, then the utils per dollar = 50 / $5 = 10 utils per dollar.

Since the soda costs $1, and it provides the same utils per dollar as the pizza, then the marginal utility = $1 x 10 utils per dollar = 10 utils

The planning and scheduling of production only against specific production order is - Options Make-to-Stock Make-to-Order Assemble-to-Order Mass Customization

Answers

The planning and scheduling of production only against specific production order is called : Order Assemble

In order assemble, the company only make the product after an order is made, so there will be no stock at the warehouse. Commonly used by automotives companies

Nicolette Garrison works part-time at an independent record store. Whenever her friend, Jacob Barker, comes into the store during one of her shifts, he picks up a CD and brings it to the register where Nicolette is stationed. After ringing a "no sale" transaction on the cash register, Nicolette pretends to swipe Jacob's credit card for payment. She puts the CD in a bag and gives it to Jacob, who walks out without actually paying for the merchandise. What kind of scheme is being committed?a. Cash larceny
b. Sales skimming
c. Fake sale
d. False refund

Answers

c. Fake sale
there’s no other possible answer.

Suppose a basket of goods and services has been selected to calculate the consumer price index (CPI) and 2002 has been selected as the base year. In 2002, the basket’s cost was $600; in 2004, the basket’s cost was $650; and in 2006, the basket’s cost was $700. The value of the CPI in 2004 was (rounded to one decimal place)

Answers

Answer:

The answer is: The CPI for 2004 is 108.3

Explanation:

The Consumer Price Index (CPI) for 2004 can be calculated using the following formula:

CPI 2004 = (2004 basket cost / base year basket cost) x 100

CPI 2004 = (650 / 600) x 100

CPI 2004 = 108.3

The CPI measures changes in the price level of a basket of goods and services relative to a base year.

Final answer:

The Consumer Price Index (CPI) for the year 2004, given a base year of 2002 and respective basket costs, would be 108.3. This indicates an inflation rate or a rise in average price level of 8.3% compared to the base year.

Explanation:

To calculate the CPI in 2004, we first need to understand that the Consumer Price Index (CPI) is a measure used to reflect the average cost of a fixed basket of goods and services over time. In this case, the basket of goods was $600 in the base year of 2002, which is taken as the standard or comparison point. In 2004, the cost of the same basket increased to $650. The CPI is calculated using the formula:

CPI = (Cost of the basket in the current year/Cost of the basket in the base year) * 100

In this case, substituting the given values:

CPI (2004) = ($650/$600)*100 = 108.3 (rounded off to one decimal place)

So, the CPI in 2004 was 108.3. This suggests that the average prices in 2004 were 8.3% higher than in the base year 2002.

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Mass production requires all of the following excepta. division of labor
b. interchangeable parts
c. assembly line
d. training in each part of production

Answers

d. training in each part of production

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