Business High School

Bonnie is trying to decide between standard repayment and income-based repayment for her $30,000 student loans. Her job pays $29,500 per year. Which of the following statements is likely TRUE

Bonnie will likely pay more, total, if she goes with the standard repayment.

It's best for Bonnie to choose standard repayment, even if that means she's delinquent on some of her monthly payments.

Bonnie's monthly payments on the income-based plan will likely be lower than on the standard repayment plan.

Bonnie makes too much money to qualify for income-based repayment.

Answers

Answer 1

Answer:

Bonnie's monthly payments on the income-based plan will likely be lower than on the standard repayment plan.

Explanation:

I got it wrong and it gave me the answer

Related Questions

The marketing manager of Rues Golf Club finds that the club can increase its market share, and become the industry leader if it slashes membership prices by 50% during the first quarter of the year. However, the club cannot achieve its target return on investment if its slashes its membership prices during a quarter. This conflict illustrates:_________

Answers

Answer:

Need for trade offs in pricing objectives

Explanation:

I the given scenario the club is faced with two choices. Either they increase market share and become an industry leader while slashing membership prices, or leave membership price the way it is and meet its target on return on investment.

A trade off is required in this kind of situation.

In a trade off a business will need to lose in one aspect in order to gain in another.

So a choice will need to be made on what the business will be able to lose and come out benefiting more.

If the company values the proposition of increasing its market share and becoming the industry leader, it will slash it's membership price by 50%

Create a cash flow statement for your own finances. Why are cash flow statements useful in managing money?

Answers

Answer:

Cash flows tell us about the company’s actual outflows and inflows of cash in particular period such as quarter or year or others. This very important for business as cash flow from main operations helps the company to see whether they are generating enough to invest in growth projects or not.

Answer: Cash flow statements are useful in managing money because cash flow keeps track of the outflows and inflows of cash in an organized manner. Cash flow is the main operation that helps companies as well to see whether or not their investments are creating enough income.

What the most challangeing thing about righting a memo

Answers

Answer: The most challenging part of writing this memo was to ensure that it doesn’t offend or demean any employees. It was also a challenge to convey the message in a tone that is both formal and polite, so the recipients understand the reason for the change in the dress code.

Brad, a retail store manager, notices that one of his employees, Eric, is sleeping in the break room during his shift. Brad needs to give Eric feedback that this conduct is not allowed. You advise Brad that the feedback would be best delivered to Eric:

Answers

Answer: Quickly as Eric's behavior was observed.

Explanation:

One of the major ethics in a work place is to avoid sleep is during your shift, this puts extra work on your colleagues or puts the work or operation at risk when you're the only one carrying out the job. The feedback that Brad would have to Eric has to be done as quickly as possible so that Eric can work on it and desist such attitude.

Explain whether you agree or disagree with the leadership style that was determined for you. Why?

Answers

Answer:

I agree because it taught me how to be a tood person, and wpone that is smart academically and in life

Explanation:

Answer:

what they said

Explanation:

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