denrp6ey8m denrp6ey8m
  • 01-01-2021
  • Mathematics
contestada

Loans can come with different repayment options. Which option will always be most logical?

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Itzmitchelle
Itzmitchelle Itzmitchelle
  • 01-01-2021

Answer:

Best repayment option: income-driven repayment.

Step-by-step explanation:

The government offers four income-driven repayment plans: income-based repayment, income-contingent repayment, Pay As You Earn (PAYE) and Revised Pay as You Earn (REPAYE). These options are best if your income is too low to afford the standard payment.

Hope this helps:) Happy New Year!

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hallefrank4 hallefrank4
  • 25-05-2022

Answer:

The one with the least cost of borrowing

Step-by-step explanation:

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