Ask Question
16 July, 14:34

Jim is researching different sources to fund his college education. Jim is torn between a federal loan and a private loan. With his parents as co-signers, Jim can receive a lot more money from a bank than he will from a federal loan. Which loan should Jim choose and why?

Select the best answer from the choices provided.

A. Jim should choose the federal loan since he will not have to pay interest if he attends a public university.

B. Jim should choose the federal loan since he may qualify for lower interest rates.

C. Jim should choose the private loan since his parents will not have to repay the loan.

D. Jim should choose the private loan since he will not have to pay interest if he attends a private college.

+1
Answers (1)
  1. 16 July, 17:58
    0
    The right answer for the question that is being asked and shown above is that: "A. Jim should choose the federal loan since he will not have to pay interest if he attends a public university." the loan should Jim choose is that he should choose the federal loan since he will not have to pay interest if he attends a public university.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Jim is researching different sources to fund his college education. Jim is torn between a federal loan and a private loan. With his parents ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers