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Students enrolled at least half time may borrow up to $ 3, 000 form the government over a two-year period. Repayment of the loan
Students enrolled at least half time may borrow up to $ 3, 000 form the government over a two-year period. Repayment of the loan
admin
2016-08-13
48
问题
Students enrolled at least half time may borrow up to $ 3, 000 form the government over a two-year period. Repayment of the loan begins six months after the student, leaves school. These loans carry on interest until this time. The current interest rate is 5 percent. Students may borrow up to $4, 500 annually from a bank, credit union, savings and loan association or other eligible lender. Repayment on these loans usually begins six months after the student leaves school. These loans carry no interest until this time. This current interest rate is 9 percent. Parents may borrow up to $ 300 annually for each dependent college. Repayment begins forty-five days after receiving the loan, and the interest rate is 12 percent.
If parents had three children in college how much could they borrow annually?
选项
A、900
B、3, 000
C、300
D、9, 000
答案
A
解析
参考文章倒数第二句,对于每个学生,家长可贷款$300,所以三个学生是$900。
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