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FHCE 3200 Exam 2 ACTUAL Exam Questions and CORECT Answers

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FHCE 3200 Exam 2 ACTUAL Exam Questions and CORECT Answers An income-based repayment plan can be used to payback - CORRECT ANSWER subsidized loans Direct PLUS loans - CORRECT ANSWER are available to graduate and professional students. Roth IRA - CORRECT ANSWER is most often used as a way to accumulate retirement savings. 529 Plan - CORRECT ANSWER a tax-favored college savings option sponsored by the state in which the account holder liv

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FHCE 3200 Exam 2 ACTUAL Exam
Questions and CORECT Answers
An income-based repayment plan can be used to payback - CORRECT ANSWER subsidized
loans


Direct PLUS loans - CORRECT ANSWER are available to graduate and professional
students.


Roth IRA - CORRECT ANSWER is most often used as a way to accumulate retirement
savings.


529 Plan - CORRECT ANSWER a tax-favored college savings option sponsored by the state
in which the account holder live


How long does the typical homeowner stay in their house? - CORRECT ANSWER 7 years



Example of an illegal lease clause? - CORRECT ANSWER Requiring you to pay for normal
wear and tear


what requires a student to (1) apply for money (2) demonstrate a financial need - CORRECT
ANSWER federal student loan



What type of personal loan has the highest APR? - CORRECT ANSWER Payday loans



What is a tex efficient method to pay for college? - CORRECT ANSWER 529 Plan



How much is the average pet deposit when renting? - CORRECT ANSWER $400

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