The ________ is the automatic repayment plan with a 10-year term
A) extended repayment
B) standard repayment
C) income-based repayment
D) graduated repayment
Answer: B
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Which of the following is true of store retailers?
A) A hard-discount store offers a wider merchandise mix than discount stores at higher prices. B) A discount store offers leftover goods, overruns, and irregular merchandise sold at less than retail. C) A specialty store generally stocks a very narrow product line. D) An extreme value store generally has a broad selection of high-markup, brand-name goods. E) A catalog showroom is a large, low-cost, low-margin, high-volume, self-service store.
A contractor builds large ships for the Department of Defense. A recent contract called for 12 amphibious landing platforms. It was originally estimated that the first of these would cost $1 billion and that 80 percent learning would be appropriate
In fact, the first ship cost $1.6 billion and the second $1.12 billion. What is the revised learning curve? What will be the total cost of the twelve ships? Is it higher or lower than the original estimate? If the defense department cuts the contract from 12 ships to 9, what happens to the average cost per ship?
Which of the following statements about the Uniform Prudent Management of Institutional Funds Act (UPMIFA) is correct?
A. It requires that the spending rate for the return on investments be no more than five percent. B. It allows institutions to release net assets from restrictions if certain criteria are met. C. It establishes a maximum total return rate for investments. D. It requires that specific policies concerning solicitation of donations be established.
What is the discount yield, the simple yield, and the compound yield on a $10,000 nine month (270 day) treasury bill that cost $9,676? What are the same yields on a $10,000 six-month (180-day) piece of commercial paper that cost $9,721??
What will be an ideal response?