Which Student Is MOST Likely to Leave College Without a Degree

question 99

Multiple Choice

Which student is MOST likely to leave college without a degree?

• A) Francis,whose family income is less than $30,000 a year and who attends a for-profit University.
• B) Baxter,whose family income is $100,000 a year,and who attends a college with 1,000 students.
• C) Kayla,who works part-time and attends a college with 800 students.
• D) Cy,whose family income is $60,000 year,who goes to school full-time,and who attends a college with 2,000 students.

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Definitions:

RRSP

A Registered Retirement Savings Plan, which is a retirement savings and investing vehicle for employees and the self-employed in Canada.

Compounded Monthly

Describes the process where interest is calculated and added to the principal amount of an investment or loan on a monthly basis.

Compounded Semi-annually

Refers to the process where interest is calculated and added to the principal sum of a deposit or loan twice a year.

Compounded Monthly

A method of calculating interest where the accrued interest is added to the principal sum each month, so that each successive calculation includes interest on the interest.