Ronald has researched the costs of getting a loan and taking on credit. he finds it impossible to avoid getting charged for interest and decides that he should never take out a loan because it will cost him too much. evaluate ronald's decision.
ronald should reconsider his decision; some loans do not charge interest or accumulate fees.
ronald should reconsider his decision; there may be some purchases in the future that he cannot pay for immediately.
ronald's decision is realistic; taking a loan will increase the cost of a purchase he pays for in another manner.
ronald's decision is realistic; he is unlikely to ever encounter a purchase that would require a loan.

Do you think a travel organization company might be able to get less expensive airline tickets then you as an individual could get? (no less then 25 words)

In the fall, jay thompson decided to live in a university dormitory. he signed a dorm contract under which he was obligated to pay the room rent for the full college year. one clause stated that if he moved out during the year, he could sell his dorm contract to another student who would move into the dormitory as his replacement. the dorm cost was $5000 for the two semesters, which jay had already paid a month after he moved into the dorm, he decided he would prefer to live in an apartment. that week, after some searching for a replacement to fulfill his dorm contract, jay had two offers. one student offered to move in immediately and to pay jay $300 per month for the eight remaining months of the school year. a second student offered to move in the second semester and pay $2500 to jay. jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment with three other students. his share of the apartment rent and utilities will be $404 per month. assume each semester is 4.5 months long. disregard the small differences in the timing of the disbursements or receipts. what is the cost of the cheapest alternative?

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is