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timama
3 months ago
14

Based on the lesson and your research, how would you fund a four-year college degree? In two to three sentences, explain your ch

oices.
Business
3 answers:
Katen [3.5K]3 months ago
9 0
There are several ways to finance a four-year college degree:

1. Loans
Students can obtain loans either from federal programs or private lenders. These must be repaid with interest following graduation and are typically backed by the federal government.

2. Scholarships
Scholarships are awarded based on criteria such as financial need, academic achievement, or chosen field of study. Assistance in finding suitable scholarships may come from counselors, government agencies, or community groups.

3. Work-study programs
These programs are coordinated through the school's financial aid office and require both a student's financial need and commitment to working part-time. 
Scilla [3.8K]3 months ago
7 0

My plan would involve applying for multiple scholarships and grants to minimize loan dependency. I would also participate in a work-study job to help cover some of my expenses. If necessary, I would responsibly take out a limited number of loans to cover additional costs.


marusya05 [3.7K]3 months ago
0 0

I am looking for assistance with this question.

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An industrial plant needs to make 100,000 parts per month to meet demand. Each month contains 20 working days, each of which all
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Answer:

Part A:

Required workers=20.833≅21

Part B:

Each worker's productivity=2.0833 parts/hour

Part C:

Multifactor productivity=0.0832 Parts/$

Explanation:

Part A:

Total parts produced =100,000

Workers required= Total parts/(Parts per hour* hours per shift*Total Shifts)

Worker\ needed=\frac{100000}{10\ Parts/hour*8\ hours/shift*60\ shifts/worker} \\Workers\ needed= 20.833

Workers required=20.833≅21

Part B:

Individual worker productivity:

Productivity\ of\ individual\ worker=\frac{100000}{100\ workers*8\ hours/shift*60\ shifts/worker} \\Productivity\ of\ individual\ worker=2.0833\ parts/hour

Part C:

Total material costs= $10*100,000=$1,000,000

Capital cost= $100,000

Total labor expenses=21\ workers*8\ hours/shift*60\ shifts/worker*\$10/hour

Total labor expenses=$100,800

Multifactor productivity=Total Parts/(Total material costs+capital costs+Total labor expenses)

Multifactor\ productivity=\frac{100000}{\$1,000,000+\$100,000+\$100,800} \\ Multifactor\ productivity=0.08324\ Parts/\$

3 0
3 months ago
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