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
guapka [62]
1 year ago
9

Does a monthly fixed-rate mortgage payment change?

Business
1 answer:
Semenov [28]1 year ago
6 0

A fixed-rate mortgage's great benefit would be that your monthly payment won't change throughout the duration of the loan. The principal and interest, which make up a portion, won't alter.

What is a mortgage and how does it take a job?

When you get a mortgage, your lender will give you a certain amount of money to buy the house. You agree to pay interest while repaying the loan over a period of years.

What salary is used to cover the mortgage?

The 28% rule states that your mortgage payment ought to be 28% less than of your gross monthly income. To figure how much you can spend using this strategy, multiply your monthly total pay by 28%.

To know more about Mortgage visit:

brainly.com/question/8084409

#SPJ4

You might be interested in
Type the correct answer in the box. Spell all words correcty.
Nookie1986 [14]

Answer and Explanation:

The information management refers to manage the information in effecetive and efficient manner. It could be in terms of storing, organizing, developing, using, distributing the information so that it became useful for the organization

Here, the goal of information management is to identify the requirement of the information for various management levels so that it can be used in appropriate manner.

5 0
3 years ago
What should you do when planning for college?
Vsevolod [243]

Answer:

a way to get a large amout of money (legally) to pay off the debt

more money for a place to live

and even more money to get food and other impoartant things to live

Explanation:

an alternative to stocks, but school never taught you what stocks are, so now get more money to buy a phone so u can have basic knowlede

and illegal alternative is to sell something adictive like drugs, cigs. or start a casino or scam pp, for money, or rob a bank

7 0
2 years ago
The expansionary phase of the business cycle is characterized by
Leokris [45]

Answer:

<u>increasing real output and reducing unemployment</u>

Explanation:

The expansionary phase of the cycle is business characterized by the i<em><u>ncreasing real output and reducing unemployment.</u></em>

<em> Business cycle refers to that cycle in which there is increase and decrease or fall and rise of output of goods and services.</em>

<em> Business cycle has main four stages expansion ,peak , contraction and trough.</em>

The main cause of business cycle is the forces of supply and demand , expectation of future and it availability of the capability may also cause the business cycle.

Economic cycle is another name of Business cycle . Business cycle plays a crucial rule in the economy as it influence the demand of the consumer.

4 0
3 years ago
Mill Co.’s allowance for credit losses was $100,000 at the end of Year 2 and $90,000 at the end of Year 1. For the year ended De
MatroZZZ [7]

Answer:

The amount worth $6,000 will be debited to the account in Year 2

Explanation:

When the uncollectible accounts are written off, then the debit is created to the allowance and the credit to the accounts receivable. The starting balance in the allowance account is $90,000 and the ending balance is $100,000 and the expense of bad debt is $16,000

The write off is computed as:

Write off = Beginning balance + Bad debt expense - Ending balance

= $90,000 + $16,000 - $100,000

= $106,000 - $100,000

= $6,000

Therefore, the amount of $6,000 is to be write off in Year 2

7 0
3 years ago
For each ratio listed, identify whether the change in ratio value from 2014 to 2015 is usually regarded as favorable or unfavora
xz_007 [3.2K]

Answer:

1.  Favorable

2. Unfavorable

3. Unfavorable

4. Favorable

5. Favorable

6. Unfavorable

7. Favorable

8. Favorable

Explanation:

1.  Favorable

Less Profit is now being earned per sale

2. Unfavorable

More Debt more Financial risk

3. Unfavorable

Less Profit is now being earned per sale

4. Favorable

A lower ratio is good shows efficiency utilization of resources

5. Favorable

The company is efficient in collection of debt

6. Unfavorable

The earning per share is lower

7. Favorable

More efficient in inventory management

8. Favorable

More return given to investors

3 0
3 years ago
Other questions:
  • When vegans carry signs that read "meat is murder" or when antiabortion marchers hand out literature illustrated with gruesome p
    8·1 answer
  • Johnson Inc. purchases 21% of the voting stock of XYZ Company. This is sufficient to give Johnson significant influence over XYZ
    14·1 answer
  • What kind of inhibitor is a transition state analog usually classified as?
    6·1 answer
  • The comparative statements of Wahlberg Company are presented here:Wahlberg CompanyIncome StatementsFor the Years Ended December
    12·1 answer
  • The presence of _____________________ in transactions involving goods can easily cause a ______________________ if the result is
    14·1 answer
  • Assume that Clampett, Inc., has $200,000 of sales, $150,000 of cost of goods sold, $60,000 of interest income, and $40,000 of di
    15·1 answer
  • Colin McKinney, director of marketing for Greenwald Industrial Products, complains to his advertising director that the continui
    5·1 answer
  • How do consumers take part in the resource market?
    11·1 answer
  • g What is the after-tax yield on a one-year corporate bond with a 7 percent yield if your marginal federal income tax rate is 40
    12·1 answer
  • While on vacation, Kyle Kingston, the president and chief executive officer of Remstat, Inc., is called by the CEO of Viokam Cor
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!