1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lisov135 [29]
1 year ago
14

According to the law governing mortgage loan brokers, what is the maximum commission Broker Dan can charge for securing a $15,00

0 second mortgage for a period of 4 years?
Business
1 answer:
Slav-nsk [51]1 year ago
6 0

From the law on the mortgage brokers, the maximum commission that is charged would be 10 percent of the principal loan because the loan ahs a period of more than 3 years.

<h3>Who is a mortgage broker?</h3>

This is the term that is used to refer to the intermediary or the middle man that brings mortgage borrowers and lenders together.

The fee or the commission that they have to earn based on the fact that is for 4 years would be 10 percent.

Read more on mortgage brokers here:

brainly.com/question/15058265

#SPJ1

You might be interested in
How Is productivity determined?
saul85 [17]

Answer:

a. by measuring The relationship to inputs and outputs

Explanation:

Productivity shows the efficiency of generating output using the available inputs. It is measured by dividing the output of a company or a production line by the inputs used. Therefore, productivity shows the relationship between inputs and outputs.

Productivity can also be measured by labor output. In this case, the output is divided by the number of labor hours used.

7 0
3 years ago
Segmenting customers on the basis of things like products purchased, sales history, demographic information, and desired product
nikklg [1K]

The answer of the given question is false which is the given statement is not true.

At its most basic level, CRM software compiles customer data and stores it in a single CRM database for easier management and access by company users.

CRM systems have had a lot of extra features added to them throughout time to increase their utility. Some of these features include the ability for managers to monitor performance and productivity based on data logged within the system, as well as the ability to automate various workflow automation processes, such as tasks, calendars, and alerts, depending on system capabilities. Other features include recording various customer interactions via email, phone, social media, or other channels.

learn more about CRM here brainly.com/question/25752641

#SPJ4

4 0
1 year ago
Calculate the IRR of a machine that is purchased for $5,500, sold at the end of year 4 for $2,500, and produces the following ca
prohojiy [21]

Answer:

2.21%

Explanation:

The internal rate of return is the rate of return on the project where the present value of future cash flows equals the initial investment outlay. It is known as the break-even discount rate since, at IRR, the net present value is zero.

The IRR can be determined using the excel IRR function as shown thus:

=IRR(values)

values are the cash flows from years 0-4

Find attached excel file for IRR computation

Download xlsx
5 0
2 years ago
If interest rate change, do we shift the investment demand curve or move along the curve. Explain why
serg [7]

Answer:

When interest rate changes, it will cause a movement along the investment demand curve.

Explanation:

This is because the relation between interest rate and investment is similar to that between product and price (interest rate is price to purchase investment). The quantity of investment demanded is negatively related to the value of interest rate in the market. When the interest rate increases (price increases), the demanded quantity of investment decreases as they have to pay more for investment.

8 0
2 years ago
If​ tariffs, quotas, and subsidies each cause net welfare​ losses, why are they so​ common, especially in​ agriculture, among th
Jet001 [13]
To protect domestic businesses.

Let’s think of the USA and China:

If:

USA steel factories produces 1 steel girder and sells at $1000

Chinese steel factories produces 1 steel girder and sells at $500

—— If there is NO quotas, tariffs or other protectionisms, then the most rational thing is to purchase the Chinese steel girders. Harming USA steel factories.

—— If USA raises tariffs: Puts 50% tariff of Chinese steel
- Then Chinese steel, for USA consumers would cost $750. Lowering USA’s demand for Chinese steel but increasing USA consumer’s demand for USA steel.

They can increase the USA’s economic welfare as many domestic steel-extracting factories and their employee’s are protected/benefitted. Though, it may harm some manufacturing jobs.

Well, in the end it depends on the scale of those trade barriers.
7 0
2 years ago
Other questions:
  • In the country of Wiknam, the velocity of money is constant. Real GDP grows by 3 percent per year, the money stock grows by 8 pe
    6·1 answer
  • Could I Industries just paid a dividend of $1.62 per share. The dividends are expected to grow at a rate of 20 percent for the n
    8·1 answer
  • Adidas decides to invest $100,000,000 into a shoe factory in Vietnam from its money market account. The money market account was
    8·1 answer
  • Steve sells his home to Srivani and ends up with a producer surplus of $100,000. Srivani has a consumer surplus of $1,000 from t
    7·1 answer
  • A company's days' cash on hand is computed by dividing:​ Group of answer choices ​cash and short-term investments by daily cash
    10·1 answer
  • An employee earns $24 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. If the employee worked 50 h
    10·1 answer
  • Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the End of the Year, Adjus
    6·1 answer
  • Describe why most countries are described as having a mixed economy​
    14·1 answer
  • Apple operates a blog called Apple Newsroom, where you can read news, find updates and see videos on Apple products. The informa
    13·1 answer
  • The market price of xyz corporation common stock is $55 and its quarterly dividend is $0.60. what is the stock's current yield?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!