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Galina-37 [17]
1 year ago
12

Which organization establishes relationships with financial institutions to offer home ownership programs that include down paym

ent assistance through grants and favorable terms?
Business
1 answer:
iVinArrow [24]1 year ago
7 0

National Housing Federation establishes relationships with financial institutions to offer homeownership programs that include down payment assistance through grants and favorable terms.

<h3>What is National Housing Federation?</h3>
  • NHF housing association members provide homes for approximately six million people and are motivated by a social purpose: providing good quality housing at an affordable price.
  • NHF assists its members in achieving that social purpose through ambitious work that results in positive change.
  • The NHF offers interest-free season ticket loans and a cycle-to-work salary sacrifice scheme that covers the cost of a bike and accessories.
  • NHF also provides an interest-free loan to assist you with a deposit when renting a home.
  • The National Housing Federation works with financial institutions to offer homeownership programs that include down payment assistance in the form of grants and favorable terms.

Therefore, National Housing Federation establishes relationships with financial institutions to offer homeownership programs that include down payment assistance through grants and favorable terms.

Know more about National Housing Federation here:

brainly.com/question/899282

#SPJ4

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Short definition for business cycle ?
DiKsa [7]
A cycle or series of cycles of economic expansion and contraction.
4 0
3 years ago
Value stocks usually exhibit ______ price-to-book ratios and ______ price-to-earnings ratios.A. low; lowB. low; highC. high; low
AysviL [449]

Answer:

A. low; low

Explanation:

Value stocks usually exhibit low price-to-book ratios and low price-to-earnings ratios

3 0
2 years ago
What single investment made today, earning 12% annual interest, will be worth $6,000 at the end of 6 years? b. What is the prese
ankoles [38]

Answer:

The results a-c  are the same $3,039.79  

However, the rate of return is given different names in each of the scenario.

In the first scenario, it was named annual interest which implies rate of return on an investment.

Annual interest is the same as discount rate because discounting an amount means stating in today's terms,which also applies to the amount to be invested when the future cash flow repayable is known, the amount to be invested can be brought back to equivalent amount today by discounting.

Finally, opportunity cost means the interest rate forgone by choosing to invest in one security,which is also the desirable rate of return convincing enough for the investment to be made.

A rate of return can be tagged annual interest, opportunity cost or discount rate,they are synonymous.

Explanation:

a.

The $6000 is the future value, the unknown is present value.

PV=FV*(1+r)^-N

r is the rate of return of 12% while N is 6 years

PV=$6000*(1+12%)^-6

PV=$3,039.79

b.the requirement also is PV with FV of $6,000 with discount rate of 12%,that rate of return,with N being 6 years

PV=$6000*(1+12%)^-6  

PV=$ 3,039.79  

c,The most to be paid for $6,000 with an opportunity cost of $12% is given below;

PV=$6000*(1+12%)^-6

    =$3,039.79  

4 0
3 years ago
On January 1, 20X1, Beard Company purchased a machine for $620,000. The machine is expected to have a 10-year life, with no salv
Vinil7 [7]

Answer:

1. Why is this an operating lease for Child Company?

The life of the asset is 10 years while the lease is only 3 years long, so it cannot be classified as a financial lease.

2. What are the amounts of the right-of-use asset and lease liability that Child Company should report on its balance sheet at December 31, 20X1?

annual lease payment = $128,000 (ordinary annuity)

PVIFA, 9%, 3 periods = 2.5313

present value = $128,000 x 2.5313 = $324,006.40

3. How much lease expense should Child Company recognize in 20X1?

lease expense = PV of lease x interest rate = $324,006.40 x 9% = $29,160.58

6 0
2 years ago
A country's export ratio is Group of answer choices The ratio of imports to GDP. The ratio of imports to exports. The ratio of t
Assoli18 [71]

A country's export ratio is the ratio of imports and exports.

<h3>What is the export ratio?</h3>

Export ratio is the ratio of import to export. Export would comprise of goods and services produced in the US that are been sold to foreign countries. Import would comprise of foreign produced goods and services that are been sold in the US

To learn more about imports, please check: brainly.com/question/26497713

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4 0
2 years ago
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