Multiple Choice
The _____ uses a special tax-sheltered savings and investment program rather than borrowing money to pay for college.
A) 529 college savings plan
B) Wage Earner Plan
C) Perkins loan
D) Parent Loan for Undergraduate Students (PLUS)
E) William D. Ford Federal Direct Loan Program
Correct Answer:
Verified
Correct Answer:
Verified
Q25: Most consumer loans are made at fixed
Q26: _ obtain funds from their stockholders and through
Q27: You are borrowing $5,000 at a 9%
Q28: If the add-on method is used to
Q29: Consumer finance companies:<br>A) charge rates that are
Q31: INSTRUCTIONS: Choose the word or phrase in
Q32: Which of the following statements regarding fixed-rate
Q33: From a financial planning perspective, you need
Q34: It is legal for a lender to
Q35: INSTRUCTIONS: Choose the word or phrase in