A mortgage is an example of voluntary debt - that is, debt a person or business creates in good faith and not under duress.
Mortgages are a sort of loan that can be used to buy or keep up a house, land, or another piece of real estate. The borrower agrees to make periodic payments to the lender, usually in the form of a series of regular instalments that are split into principal and interest. The property then acts as security for the loan.
Applying for a mortgage requires a borrower to make sure they meet a number of standards, including minimum credit ratings and down payments. Prior to closing, mortgage applications go through a thorough underwriting procedure. The borrower's needs will determine the different mortgage options, such as fixed-rate and conventional loans.
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Answer: $4,508
Explanation:
Companies usually give discounts with credit terms to encourage Receivables to pay faster.
In this scenario, credit terms of 2/10, n/30 were offered which means that if Carla Vista Company pays within 10 days they get a discount of 2% but if they don't they should pay the full amount in 30 days.
They paid within the discount period meaning that they qualify for the discount of 2% but they however returned goods worth $1800.
So calculating for that would be,
= (6,400 - 1800) (1 - 0.02)
= $4,508
The amount of the check is $4,508
Answer:
D
Explanation:
To make more sales you need to have a shorter advertisement. Usually long walls of text aren't appealing to the eye so you'll skip pass it.
The answer would be D. provides the security of a place to live in retirement.
We can rule our option A , because even though its true, it's not the reasons that attract investor
We could rule out option b because real estate need a couple of years before it turned into profit
We can rule out option c because real estate need a large amount of equity
Having people you can work well with create a good work environment which helps more salespersons become more successful
