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10 months ago

What type of loan is most common when buying a house?

Business

1 answer:

Alexus [3.1K]10 months ago

8 0

Answer:

Fixed-rate

Explanation:

Fixed-rate mortgages are the most common type of home loan. Fixed-rate mortgages are offered in 15- and 30-year fixed-rate terms. Your interest rate will never change, though the principal and interest portion of your monthly mortgage payment will change as the loan amortizes

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A natural monopoly, such as a local electricity provider, is the result of: i. a firm owning or controlling a key input used in

Leni [432]

A natural monopoly, such as a local electricity provider, is the result of long run average total costs declining continuously as output increases. The correct option among all the options that are given in the question is option "3". The initial cost of power generation and power distribution cost is high. Once the generation starts and the number of consumer increases, the average cost starts declining.

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2 years ago

The NEC® arose as a consensus of more than 1200 individuals primarily to ____.

labwork [276]

NEC arose to:

d.standardize equipment use as a marketing tool

Explanation:

NEC Corporation is a multinational IT and Electronics firm that is based out of Japan.

It was started in the 60s as Nippon Electric company ltd. but it re branded itself to name NEC in 1983.

It is responsible for the standardization of equipment as their USP and their prime marketing tool and made it a standard industry practice to do so as of now.

Their impact on the whole industry has been immense.

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2 years ago

Every T account has two sides, credit and credit side.<br><br>True<br>False

ioda

Answer:

False

Explanation:

The two sides are DEBIT and credit.

3 0

2 years ago

Javier computer services began operations in July 2017. At the end of the company prepares monthly financial statements. It has

defon

Answer and Explanation:

The adjusting entries are shown below:

a. Salaries expense Dr $1,400

To Salaries payable $1,400

(being salaries expense is recorded)

b. Interest expense ($40,000 × 12% × 1 ÷12) $400

To interest payable $400

(being interest expense is recorded)

c. Account receivable Dr $3,000

To Service revenue $3,000

(being revenue is recorded)

These 3 entries should be recorded

5 0

2 years ago

Direct marketing ___________.a. is synonymous to word-of-mouth marketing. b. seeks the same objectives as personal selling strat

Alenkinab [10]

Answer: the correct option is E.

Explanation: Direct marketing can be referred to as an advertising strategy that implements an individual distribution of a sales pitch directly the to potential customers. The delivery systems used here, include, mail, e-mail, texting, and calls.

This method of marketing is called direct marketing because it is usually carried out without the use of middleman such as advertising media. This is because it will make no economical sense to utilize the media to market to just one particular customer.

Therefore, the direct method of marketing is not used in combination with other forms of promotional media.

8 0

2 years ago