YASHARI earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in Direct Subsidized loans and another $19,000 in Direct Unsubsidized loans. She is trying to save up an emergency fund of at least 6 months’ take-home pay, so she’s torn about how much she should devote to her student loans and how much to the emergency fund every month.

Which plan has the highest total amount paid? How long is the repayment period for this plan?

Answers

Answer 1

Answer:

Income-Contingent Repayment (approximately $37,812), 21 years

Explanation:

With a monthly payment limit of 20% of her discretionary income and no loan forgiveness eligibility, Yashari would pay $147-142 per month, $37,812 total, until December 2043 (21 years from 2022).

Answer 2

YASHARI should compare scenarios of paying off student loans first or simultaneously building an emergency fund. The repayment period varies depending on factors like interest rates and monthly allocations.

The choice of whether to put emergency fund development ahead of repaying her student loans is at the center of YASHARI's conundrum. Plan 1 calls for devoting all surplus funds to loan repayment before beginning to accumulate an emergency fund. The total amount paid toward the loans as a result of this strategy is higher.

Plan 2 entails making minimum loan payments while allocating a portion of extra funds to create the emergency fund. Even though Plan 2's overall payment may be less, it enables YASHARI to create a financial safety net at an early stage. Each plan's repayment period is influenced by various elements including interest rates and monthly allotments. By consulting a financial advisor, YASHARI is able to create a personalized strategy that fits her financial objectives and situation.

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Related Questions

Auto-Moto receives about 800 loan applications per month (30working days). All applications go through an Initial Review sub-process, where the applications are then classified as A (looks excellent), B (needs more detailed evaluation), and C (reject summarily). A and B applications would be forwarded to sub-processes A and B, respectively. On average, 10% of all applications go through Sub-process A, 30% go through sub-process B, and the rest are rejected. On average, 70% of applications in sub-process A, and 30% of applications in sub-process B are accepted and the rest are rejected. (Recall that all Cs were rejected. ) On average 180 applications are in the Initial Review sub-process, 60 are in sub-process A, and 60 applications are in sub-process B.

1. What is the average flow time of an application? The potential answers are:______.

2. How many applications are rejected per month? The potential answers are:______.

3. Compute the average flow time at Initial Review sub-process. The potential answers are:________

Answers

1. The average flow rate of an application is 11.3 days.

2. The number of applications that are rejected is 672.

3. The average flow time at Initial Review sub-process is 6.75 days

1.  What is the average flow time of an application?

R = 800

I = inventory

= 180 + 60 + 60

= 300

I/R = 300/800

= 0.375 month * 30 days

= 11.3 days

2.  How many applications are rejected per month?

The applications entering for A:

10 % of 800 = 80

The applications entering for B:

30% of 800 = 240

This shows that 60% are rejected

0.6 * 800 = 480

70% in A are accepted, so 30% x 80 = 24 are rejected for A

30% in B are accepted, so 70% x 240 = 168 are rejected for B.

Total number of rejected applications are 24 + 168 + 480

= 672

3. The average flow time at Initial Review sub-process

= I/R

I = 180

R = 800

180/800

= 6.75 days

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A game theorist is walking down the street in his neighborhood and finds $20. Just as he picks it up, two neighborhood kids, Mark and Nancy, run up to him, asking if they can have it. Because game theorists are generous in nature, he says he's willing to let them have the $20, but only according to the following procedure: Mark and Nancy are each to (independently) submit a written request as to their share of the $20. Let m denote the amount that Mark requests for himself and n be the amount that Nancy requests for herself. M and n are required to be chosen from the interval [0, 20]. If m+n =< 20, then the two receive what they requested, and the remainder (20 - m - n) is split equally between them. If, however, m+n> 20 the game theorist keeps the $20. Mark and Nancy are the players in this simultaneous-move game. Assume that each of them has a payoff equal to the amount of money that he or she receives.


Required:

Find all Nash equilibria for this game

Answers

Mark and Nancy must submit a written request for their share of the $20, both of them must keep in mind that the solution is to split evenly, $10 each.

What is the main purpose of game theory?

Game Theory, which could very properly be called Interdependent Decision Theory, has as its object of analysis situations where the outcome of the action of individuals, groups of individuals, or institutions substantially depends on the actions of others involved.

With this information we can conclude that Mark and Nancy should submit a written request for their share of the $20, both of them should keep in mind that the solution is to split evenly, $10 each.

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Calculate the percent increase of mobile device sales from 1998 to 2007. Each mobile device sold in 2007 contained an average of 0.03 gram of gold. Calculate the number of grams of gold that were used in the production of the mobile devices sold in 2007. Assume that the average mass of each mobile device was 0.1 kilogram. The United States Environmental Protection Agency estimates that about 10 percent of the mobile devices sold in 2007 were recycled. Calculate the mass (in kilograms) of the mobile devices sold in 2007 that were not recycled. Discarded mobile devices become part of the electronic waste stream (e-waste). Mercury is often present in e-waste. Identify one negative human health effect, other than death, associated with exposure to mercury. Improper disposal of e-waste has harmed human health and caused environmental damage in developing cou

Answers

Based on the number of phones sold in 1998 and 2007, the percent increase is 500%.

The number of grams of gold used in producing the mobile devices sold in 2007 was5,400 kilograms of gold.

The mass of sold phones that were not recycled is 16,200,000 kg.

What was the percentage increase in phones sold?

= (180 million - 30 million)  / 30 million x 100%

= 500%

What was the mass of gold in phones sold in 2007?

= 0.03 x 180 million

= 5,400,000 grams or

= 5,400 kg of gold

What was the mass of mobile devices that weren't recycled?

= 0.1 kg x 180 million x (1 - 10%)

= 16,200,000 kg

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Gut Bombs sandwich shop pays $5,000 a month in rent space and equipment. It pays each of its 10 workers $2,500 a month and spends $5,000 on food. There are no other production costs. Usually the shop sells 3,500 sandwiches per month for $10 each. The shop could hire another worker and increase the number of sandwiches it makes by 300. Assuming a constant food cost per sandwich of $1.43, their marginal cost per month per sandwich, of making 300 more sandwiches per month, rounded to the nearest penny, is

Answers

The marginal cost per month per sandwich of making 300 additional sandwiches per month for Gut Bombs is $9.76.

What is marginal cost?

The marginal or incremental cost is the increase or decrease in the cost of producing one more unit.

Data and Calculations:

Food cost per month = $1.43

Monthly wages per worker = $2,500

Marginal cost = $2,929 ($1.43 x 300 + $2,500)

Marginal cost per unit = $9.76 ($2,929/300)

Thus, the marginal cost per month per sandwich of making 300 additional sandwiches per month for Gut Bombs is $9.76.

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A common advantage of a promotion is that ______. A. You will have longer hours b. Your relationships with your peers will change c. You will receive better pay d. You may have to learn to do new tasks Please select the best answer from the choices provided A B C D.

Answers

Answer:

C

Explanation:

The _____ is a management policy decision about whether a firm wants to pay above, at, or below the going rate for labor in the industry or the geographic area.

Answers

The  wage level decision is a management policy decision about whether a firm wants to pay above, at, or below the going rate for labor in the industry or the geographic area.

What is labor market equilibrium?

The labor market is in equilibrium when supply equals demand. This means that workers are employed at a certain wage rate.

In equilibrium, all persons who are looking for work at the going wage can find a job. Here, firms decide whether or not to pay wage above certain rate.

Hence, the  wage level decision is a management policy decision about whether a firm wants to pay above, at, or below the going rate for labor in the industry or the geographic area.

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An increase in temperature causes a _____ collision frequency and energy and therefore _____ the rate dramatically.
a) greater; decreases
b) lower; decreases
c) greater; increases
d) lower; increases

Answers

Answer:

c) greater; increases

Explanation:

Energy will cause atoms/molecules to gain kinetic energy.  That energy is converted to motion as the entities absorb the heat and store it as kinetic energy.  This causes the molecules to move more rapidly and results in a higher rate of collisions with neighboring atoms/molecules.

__________ consists of all the techniques sellers use to persuade consumers to buy their goods and services.

Answers

Advertising consists of all the techniques that a seller employs and use to persuade customers to purchase their good and services.

What is an Advertisement?

Advertising is a form of commercial communication in which goods and services, are being promoted or sold via the use of explicitly sponsored marketing channels.

Advertisement is the marketing of a product, or service to a target audience in order to generate interest, engagement, and sales.

Advertisements appear in a variety of formats, this can come in form of:

TextInteractive video presentation,Graphics illustration etc

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Which factors can affect a stock's price? Check all that apply.
market performance
the company's financial health
the quantity products produced
location of the company
the economy

Answers

Answer:

market performance

the company's financial health

the economy

Explanation:

Stocks or shares represent small units of ownership in a business.  The stocks of a public limited company are traded in the stock exchange markets. Investors trading shares are guided by the potential to make profits in deciding what shares to buy.

Share that shows signs of good returns attract many buyers.  Investors will focus on a company's financial health as presented in financial statements, the overall state of the economy, and the general market performance to evaluate profits potential. If the conditions are favorable, a stock price will always be rising and present opportunities for profits.

Answer:

1, 2, 5

Explanation:

Which example is the best demonstration of initiative?
A. You don’t complain about the heavy workload you’ve been assigned.
b. You offer to take on some extra work when a coworker is out sick.
c. You agree to stay late to finish your work because you took a long lunch.
d. You always think carefully about a bad situation before proposing a solution.

Answers

Answer:

B

Explanation:

initiative isn't something we need to do but rather want to for someone or yourself, maybe to help.

Answer:

bbbbbbbbbbb

Explanation:

Which factor would most likely increase the risk of being underinsured?

Answers

The factor that increase the risk of being underinsured includes:

non-reviewing of sum insuredinflation etc

What is an underinsurance?

An underinsurance refers to a circumstance of insurance coverage whiuch leaves the policyholder responsible for a large percentage of a total loss.

An underinsurance happens when the sum insured is less than the market value of the property.

In conclusion, the insured is left to borne to loss if any occur.

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The majority of the brands marketed in the united states are _____ brands.

Answers

It should be noted that majority of the brands marketed in the united states are manufacturer brands.

What is a brand?

A brands can be regarded as the generally intangible, which is often associate things like products and names.

It serves as a way to promote the business, Example are Apple, Nike, Coca-Cola.

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What are four things you can do during an interview to ensure you project a positive attitude?

Answers

Answer:

Make eye contact, smile sometimes, speak respectfully, and thank them for their time after the interview to ensure you reflect a positive attitude.

Explanation:

hope this helps

Four things you can do during an interview to ensure you project a positive attitude are:

Dress for Success.Boost Confidence.Focus on Posture.Smile.

How to ensure you project a positive attitude during an interview?

Everything depends on how you seem. Even if there is a casual dress requirement and the interview is being conducted by video, choose business clothes. According to Amy Cuddy, a social psychologist at Harvard Business School, standing in a power stance for two minutes can improve your performance and confidence.

This position involves raising your chest, holding your head high, and supporting your arms on your hips. The Power Pose extends to your posture. You might give the impression that you lack confidence by slouching, avoiding eye contact, and moving your body away from the interviewer. Even when you're not in a good mood, smiling will make you feel better. A grin might help you feel more positive as you enter a job interview.

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When developing macroeconomic models, economists change their focus from the relationship between consumption and disposable income to the relationship between consumption and ______.

Answers

When developing macroeconomic models, economists change their focus from the relationship between consumption and disposable income to the relationship between consumption and real GDP.

What is real GDP?

This term is refered to as the gross domestic product of an economy. GDP is the value of the total goods and services that was produced in an economy at a particular time.

Real GDP makes use of prices that have been calculated for inflation to measure the value of goods.

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Consumption expenditures do not include household purchases of.

Answers

Answer:

sToP bUyInG wHaTeVeR yOuR bUyInG tHeN sWeEtHeArT

Explanation:

JUST STOP

1 Which one of the following is not Which one of the key roles / purposes of marketing within
business?
A To identify potential customer groups
B To inform customers about the business's product or service
C To prepare cash flow forecasts
D To understand customers and their needs
Your answer

i

Answers

I’m pretty sure it’s B sorry if I’m wrong

When a tax is placed on the sellers of a product, buyers pay.

Answers

Answer:

Buyers pay more

Explanation:

The ultimate effect of tax in on the end user

If price is greater than marginal cost, a perfectly competitive firm should increase output because.

Answers

Explanation:

If marginal revenue is greater than marginal cost, a firm will produce that unit of output because it can make a profit on that last unit of output. A firm will not produce that last unit of output where marginal revenue is less than marginal cost because a loss would be made on that last unit of output

Should the United States pass a balanced budget amendment? Explain your answer.

Answers

Yes the us should pass a balanced budget amendment

Read the results from a survey of consumers in Anytown. • Fourteen percent of participants desire a store that offers custom-made shoes. • Thirteen percent of participants plan to purchase a new phone in the next year. • Fifty-two percent of participants think an additional pizza place is needed. • Twenty-one percent of participants say they purchase bagels on a daily basis. Based on the survey data, what will occur if a new pizza place opens

Answers

Answer:

D). It will help to satisfy the demand

Explanation:

The opening of a new pizza place would assist in 'satisfying the demands of the customer' which was not being fulfilled earlier. Since the locality has a high demand for pizza and existing pizza shops are unable to cater to this demand completely. This is why the majority of people i.e. 52% feel the requirement of a new pizza place which would help in catering to their demands efficiently. Thus, a new pizza place would increase the supply and balances the demand and supply. Hence, option D is the correct answer.

Answer:

It will help to satisfy the demand

Which of the following is a general two-year college level degree
• A masters degree
• a associates degree
• A bachelors degree
• A technicians degree

Answers

Answer:

An associates degree.

Explanation:

An associates degree is the typical 2 year degree. Bachelors is 4 years, masters is 6-8 years, and technicians is different altogether, with varied times.

A general two-year college-level degree is an associate's degree. Thus the correct option is B.

What is a College degree?

A college-level degree indicates a degree or a certificate that is given to an individual when he succeeds in a higher level of education. THis degree determines the level of learning and knowledge of an Individual.

When an individual is looking for Job this degree acts as evidence of their education that they have acquired a particular level of knowledge from a particular institution.

A two-year community college program is often required to obtain an associate's degree. It concentrates on general education requirements that, after two more years of study, can be applied toward a bachelor's degree.

Therefore, option B is appropriate.

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a
Christopher can pay $20 for one pair of shoes or $30 for two pairs of shoes. The
marginal cost of the second pair of shoes is
O $10
O $20
O $25
O $30
O $50

Answers

Answer:

O $10

Explanation:

Marginal cost refers to the extra expense incurred by purchasing, selling, or producing one more unit of a product. Calculating the marginal cost will require isolating the cost of the extra unit from the other expenses.

For Christopher, the cost associated with the first pair is $20.  the cost rises to 30 with the purchase of a second pair. The extra cost incurred due to the purchase of a second pair is $30 mins $20

=$30-$20

=$10

The additional expense incurred by purchasing, selling, or creating one more unit of a product is referred to as marginal cost. Christopher's marginal cost of the shoes cost $10.

What is the marginal cost of the Shoes?

The first pair of shoes will set you back $20 for Christopher. 

With the purchase of a second pair, the price jumps to $30. 

The additional cost of purchasing a second pair is $30 minus $20

[tex]\text{One pair of Shoes} = $30 \text{ dollars}\\\text{Christopher's paying ability} = $20 \text{ dollars}\\\text{Marginal cost} = 30 - 20\\\text{Marginal cost} = 10 \text{ dollars}[/tex]

Therefore, option (a) or (i) is the correct answer.

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True or False: Those with master's degrees have the highest earning potential.

Answers

Answer:

I believe True but sorry if I'm incorrect.

Explanation:

Answer:

True

Explanation:

To be sure, earning a master's degree has historically been tied to higher earnings. According to the Bureau of Labor Statistics, those with just a high school degree earn $746 per week on average while college graduates earn closer to 1,248 per week, and workers with master's degrees earn nearly $1,500 per week.

Below is a list of assumptions about decision making. Consumers are rational. Consumers are selfish. Consumers have limited incomes. Consumers have limited wants. Consumers can rank preferences. Consumers acknowledge prices. What do economists assume when evaluating the utility-maximizing decision-making process

Answers

Answer:

Economists assume that consumers would be good at decision-making

Explanation:

Most consumers are not good at making decisions whether its about life or the economy

When evaluating the utility-maximizing decision-making process, economists assume that consumers are rational, have limited incomes, have limited wants, and recognize prices.

What is decision-making process?The process of making choices by identifying a decision, gathering information, and evaluating alternative resolutions is known as decision making. By organizing relevant information and defining alternatives, a step-by-step decision-making process can help you make more deliberate, thoughtful decisions. The decision-making process allows for the investigation of all possible solutions to a problem and ensures that the best solution is found. The following steps are included in the decision-making process: define, identify, assess, consider, implement, and evaluate. In everyday life, you have many decision-making examples, such as deciding what to wear. Making a decision about what to eat for lunch. Choosing a book to read

Therefore,

When studying decision making, we assume that consumers are rational, have limited income, rank preferences, and recognize prices. It is assumed that consumers are self-interested rather than selfish. We have a tendency to believe that consumers have virtually unlimited wants but only a limited amount of money to spend on them.

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What is the difference between a routine and a major decision

Answers

Answer: routine decision- the type made every day without much though

planned decision- use more time and energy to make the best choice

Explanation: i really hoped it helped.

HURRRYYY!!!
Mandated deductions are NOT influenced by which of the following?

Marital status

Income level

Exemptions

Age

Answers

Answer:Age

Explanation:

Mandated deductions are NOT influenced by age factor as its qualification.

What are Mandated deductions?

The mandated tax deduction is a certain amount of money that employers is required to hold back from employees' gross income as per law rules. Social Security and Medicare taxes are the most common example of mandated deductions.

Therefore, single and marital status along with income level is considered for deduction purposes.

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Prita thinks she looks good in purple. She decides to wear all purple to school
next Monday. To accent her outfit, she buys a purple beanie hat online.
Which of these most likely influenced her buying decision?
A. Internal factors
B. Laws and regulations
C. Marketing
D. External factors

Answers

Marketing i hope this answer helped

Which of the following is a step in problem solving? A. Cooling off. B.brainstorming solutions. C. Talking it out. D. Reflective listening

Answers

B.brainstorming solutions.

Bullying, "according to noted expert Dan Olweus, "poisons the educational environment and affects the learning of every child. " Bullying and victimization are evident as early as preschool, with the problem peaking in middle school. Suppose you are interested m the emotional well-being of not only the victims but also bystanders, bullies, and those who bully but who are also victims (bully-victims). You decide to measure depression in a group of victims and a group of bully-victims using an 18-item. 5-point depression scale. Assume scores on the depression scale are normally distributed and that the variances of the depression scores are the same among victims and bully-victims.

The group of 23 victims scored an average of 40. 1 with a sample standard deviation of 10 on the depression scale. The group of 28 bully-victims scored an average of 46. 8 with a sample standard deviation of 11 on the same scale. You do not have any presupposed assumptions about whether victims or bully-victims will be more depressed, so you formulate the null and alternative hypotheses as:__________.

H0:μvictims - μ bully victims = 0

H1:μvictims - μ bully victims ≠ 0

You conduct an independent-measures t test. Given your null and alternative hypotheses, this is a test.

To use the Distributions tool to find the critical region, you first need to set the degrees of freedom.

Answers

The null hypothesis for the question is that there is no difference between the scores of the bully victims and the depression victims. The alternate hypothesis tells us that there is a difference.

What is a hypothesis?

This is an idea that is proposed for the sake of argument. This is put through statistical tests to see if they are true.

Null hypothesis

H0: μ1 - μ2 = 0

Alternate hypothesis

H1: μ1 - μ2 ≠ 0

The test to be conducted is a two sample t test with equal variances.

The degree of freedom

n1 = 23

n2 = 28

df = n1 + n2 - 2

= 23 + 28 - 2

= 49

The degree of freedom is 49.

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___ credit can take the form of a credit card or a personal line of credit.
A. Principling!
B. Installment
C. Revolving
D. Collateral

Answers

Answer: C. Revolving

Explanation:

I got it right on my test

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