To attend State University for four years and live on campus, you will need $26,150 per year or a total of 104,600(assuming that costs remain constant). Total cost of 4 years at State University $104,600
Parents college savings account $25,000
Scholarships $40,000

You will need to borrow in student loans $39,600 in order to attend State University.

Current Federal Student Loan interest rates for 10 year payout are as follows:

Federal Undergraduate Deferred Loans 4.66%
Federal Undergraduate Parent Loans 7.21%
Private Fixed In-School Payment Loans 3.59%
Private Fixed Deferred Payment Loans 5.96%
What loan will be the best choice for the lowest payout over the long term, only considering the interest rate?

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.