Learn how to spell 'what' and 'Plus'
Answer:
ARP = 13.2184 %
Prepaid interest = $3,057.66
Explanation:
The ARP stands for annual percentage rate. It is defined as the amount of interest that one has to pay annually for the total mortgage loan he or she takes. In the question, the ARP will be 13.2184 % for a loan amount of $127,000 at the rate of 12.98% that will be amortized in 57 years with 0.13 points.
The prepaid interest is the interest amount the borrower pays for the loan he takes before the first scheduled of the debt repayment. In the question, the prepaid interest amount is $3,057.66 for the loan amount $524,000 to be amortized in 40 years with 0.58 points and at 5.33%.
Answer:
D. Trading securities
Explanation:
Tanner-UNF Corporation
This investment would be classified on Tanner-UNF's balance sheets asTrading securities.
TRADE SECURITIES can be defined as the securities which have been purchased or bought by a company for the sole aim of realizing a short-term profit.
Hence, Companies do not always intend to keep such securities for a long period of time which is why they will only invest it if t they believe or thought they have a good chance of being compensated for the risk. they are taking which is why TRADE SECURITIES always includes both debt securities and equity securities.
Answer:
Certificate of deposite
Explanation:
I just took the test and it was right
It should be noted that the invention of railroad after the Civil War was important to the development of the economy.
<h3>What is invention?</h3>
Your information is incomplete. Therefore, an overview will be given. An invention simply means the process that beings about an improvement in the society.
It should be noted that Inventions and innovations can lead to increased efficiency and production. An invention that expanded usiness in Texas after the civil war was the introduction of trains.
Learn more about Civil War on:
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