Asked Nov 25, 2019

Expert Answer

Step 1

Since, there are multiple questions, I am answering only the first three parts. Please post again mentioning other parts to be answered.

Step 2

1) A student loan debt of 10 years is acceptable as per the author.

2) The FICA score is made of 5 factors:

  1. Length of Credit history
  2. Taking on more debt
  3. Types of credit used
  4. Payment history
  5. Amount owed
Step 3


a) It is impossible to change what's on your credit report – False.

Maintaining and paying off credit on time will improve the credit report

b) You have to make a lot of money to have a ...

Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.
Tagged in



Related Finance Q&A

Find answers to questions asked by student like you

Show more Q&A add

Q: Need help on all

A: Hi there, Thanks for posting the question. As per Q&A Guidelines, we should answer the first que...


Q: The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 10...

A: Hence, the semi -annual interest payment is $44.5.The semi- annual interest payment is calculated by...


Q: Problem 10-17 Expected Return Risk (LG10-1)Following are three economic states, their likelihoods, a...

A: Computation of variance:Hence, the variance is 0.06353.


Q: Suppose you purchase a car for a total price of $21,750, including taxes and license fee, and financ...

A: Part A and B:Calculation of Monthly Payment and Total Interest Paid:The monthly payment is $317.74 a...


Q: Question 1. Consider a two-step binomial tree, where a stock that pays no dividends has current pric...

A: Hi There, Thanks for posting the question. But as per Q&A guidelines, we have to answer the firs...


Q: ​ Mr. Kaer, a finance executive with Zico Bhd. was instructed by CEO to revise the draft the tender ...

A: Calculation of Initial investment of the project using excel is as follows:


Q: A stock has had the following year-end prices and dividends:  Year   Price  Dividend 0   $ 43.2...

A: Calculation of Arithmetic and Geometric Average Return:The arithmetic average return is 9.57% and ge...


Q: You own a furniture manufacturing company. You are looking to expand into glass furniture and need t...

A: ARR refers to accounting rate of return, it is the percentage return on a project with respect to it...


Q: Problem 11-21 WACC Weights (LG11-4) BetterPie Industries has 3 million shares of common stock o...

A: Computation of the weights of equity stock, preferred stock, and debt:Hence, the weights of equity s...