One idea is that students would work with park scientists over the course of two years. Students would meet as a class a few times a year, and staff would provide you with progress reports on each student, but the work would be in the field, and the learning would occur through this hands-on work. The students do not get paid, but receive knowledge—and a good position for a job later on—instead. What educational model is this closest to?

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?