Which of these following debts could possibly be forgiven under chapter 7 bankruptcy? a. a mortgage b. a student loan c. alimony d. child support

A. A mortgage

Step-by-step explanation:

The chapter 7 of bankrupcy states that the person that owes the money should have his/her posessions taken away and by selling them repay the creditors, even if the sum of the belongings does not cover up for the whole amount that the person owes, this means that a mortgage is forgiven, but the house or the property is taken away and sold in an auction in order for the creditor to recover some of the money lost.

answer: c, the green line

step-by-step explanation:

there is no black line, eliminate b.

simple interest implies periodic payments, but the red line shows no payments, eliminate d.

simple interest has equal payments. if paid say every day, the graph is about a straight line (actually a stairstep).

the yellow line is not straight, eliminate a.

check: the green line is straight, answer is c.

simple interest with positive interest rate gives a straight line sloping up to the right. green line:

g(t) = $100 + ($200-$100) ÷ (20 years) × (t years)

= $100 + (4%/year) × ($100)(t years)

incidentally, the yellow line curving upward represents continuously compounded interest

y = $100 × 2^(t years / (14 assuming the yellow line hits $200 at 14 years. 2^0 is 1, so y(0) = $100; 2^(14/14) is 2, so y(14) = $200.