Explain some strategies for reducing the cost of student loans.
Answer to relevant QuestionsDefine and differentiate between(a) Fixed- and variable-rate loans(b) A single-payment loan and an installment loan.Briefly describe the basic features of an installment loan.Assume that you’ve been shopping for a new car and intend to finance part of it through an installment loan. The car you’re looking for has a sticker price of $18,000. Auto Boss has offered to sell it to you for $3,000 ...Jack Colsen wants to buy a new high-end audio system for his car. The system is being sold by two dealers in town, both of whom sell the equipment for the same price of $2,000. Jack can buy the equipment from Dealer A, with ...Discuss some benefits of life insurance in addition to protecting family members financially after the primary wage earners death.
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