Let's pretend College XYZ costs $70,000 to attend, but you're both fortunate, you get scholarship money, the scholarship is worth $40,000, therefore it will actually cost you $30,000 after your scholarships. Another factor, your parents have saved $15,000 to contribute to your bill. So, at this point, you owe the school $15,000 for the year. You'll need to borrow the $15,000 from a bank as a loan. I want you to answer these by using the linked calculator:

1. If you take out the loan for 10 years and the bank is charging you 4.5% interest, what would your monthly payment be?

2. If you take out the loan for 10 years, but you imagine you'll need to borrow $15,000 for all four years of college, so really $60,000 is being borrowed. If you pay that back for 10 years at 4%, what would be the monthly payment?

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

Which of the following best describes why you need to establish goals for your program?

While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?