Get personalized answers to your specific questions with IDNLearn.com. Discover detailed and accurate answers to your questions from our knowledgeable and dedicated community members.
Sagot :
Yes, the non-refundable tuition payment you made to your university this semester is a sunk cost.
What if tuition was refundable on a prorated basis for the entire semester?
If tuition was refundable on a prorated basis for the entire semester, then there is a chance that i will be refunded some parts if I did not finish the entire semester.
What's a prorated refund?
A pro rata cancellation is known to be the full refund of any form of unearned premiums.
Note that it is the amount that is known to be proportional to the amount of time that is left on any given policy.
A lot of education (such as both basic and higher education) is known to be one that is seen as commonplace for sunk cost and as such, based on the above, my response is Yes, the non-refundable tuition payment you made to your university this semester is a sunk cost.
Learn more about sunk cost from
https://brainly.com/question/14848662
#SPJ1
We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Find reliable answers at IDNLearn.com. Thanks for stopping by, and come back for more trustworthy solutions.