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liubo4ka [24]
1 year ago
4

what is a subprime loan? multiple choice question. a type of adjustable rate mortgage with a low interest rate that helped home

buyers qualify for expensive homes. a fixed-rate mortgage that has higher monthly premiums. a biweekly mortgage that has lower monthly premiums.
Business
1 answer:
VladimirAG [237]1 year ago
3 0

Subprime loan is a type fixed-rate mortgage that has higher monthly premiums, high-risk and high-interest loan.

<h3>What is Subprime loan ?</h3>
  • A subprime mortgage is a loan secured by real estate given to applicants with poor or no credit histories. The interest rate paid on these mortgages is greater since there is a bigger chance of not being able to repay the borrowed money. Because of this, the lender can only get back a certain sum at the start of the loan.
  • The characteristics of subprime mortgages' repayment schedules and interest rates vary. Due to the risk associated with these mortgages, the lending bank may decide to present a repayment schedule that is advantageous to them.
  • For the first few years of the loan, the borrower must only pay the interest on an interest-only loan. The borrowers in this situation believe they can sell the property or refinance it before the principle payment is due.

To learn more Subprime loan refer :

brainly.com/question/12878458

#SPJ4

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What is the minimum value of the box-and-whisker plot?
natka813 [3]

Answer:

A;36

Explanation:

So lets recall the different parts of a box and whisker plot.

The dot at the very right end of it is the maximum, where the largest number is.

After that, the box to the right is the upper quartile.

On the left, the box on the left is the lower quartile.

In between the right and left of the box is the median, which seperates the upper quartile by the lower quartile.

Finally, we have the dot farthest to the left, which is the minimum.

So on our box and whisker chart, lets look at the dot farthest to our left, since thats the minimum.

<u>This should be 36.</u>

Hope this helps! ;)

8 0
3 years ago
Licensee Ken has worked long hours with buyer client Patrick to negotiate an agreement to buy Jordan’s house. A day before closi
Varvara68 [4.7K]

Answer:

Ken must disclose this information as it is a material fact.

Explanation:

A material fact is a fact that a reasonable person would recognize as germane to a decision to be made, as distinguished from an insignificant, trivial, or unimportant detail. In other words, it is a fact, the suppression of which would reasonably result in a different decision; meaning it would be the most significant information when someone is making a decision, in this instance, whether or not Patrick would buy Jordan’s house. Falsification of a material fact that would cause a party to a contract to refrain from entering into the contract may be grounds for rescission, meaning that Ken has an obligation to disclose this information.

3 0
4 years ago
The effective interest amortization method: Multiple Choice Allocates bond interest expense over the bond's life using a changin
Alex_Xolod [135]

Answer:

The correct option is B,allocates bond interest expense over the bond's life using a constant interest rate.

Explanation:

Assuming a bond was issued for $20,000,000 with stated interest rate(coupon interest rate) of 5% and yield to maturity of 7%,in calculating the bond interest expense,we simply apply the  yield to maturity of 7% to the bond outstanding balance in each year.

From the above, it is clear that the percentage applied to bond outstanding balance over relevant years remains the same,hence option B is absolutely correct

5 0
3 years ago
A system by which employees jointly determine specific performance goals with their supervisors, where progress toward goals is
Ghella [55]

Answer:

The correct answer is Goal setting.

Explanation:

The setting of goals is identified as a procedure that leads the subject to achieve or achieve certain objectives by providing direction to their actions.

When people set out to achieve something in their lives, they are few times that they can say that they did it without problems. Almost always some kind of difficulty or setback arises.

And it is not for less, to a mind that is not adapted to the achievement of goals, it will be very difficult to succeed. As much as I try in a thousand ways.

The important thing then, is to make the Goals Settlement a habit, and each habit begins with a repetitive action.

3 0
3 years ago
How do operations managers ensure quality and efficiency during the transformation process of inputs into outputs?
dusya [7]
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7 0
3 years ago
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