Answer:
The statement that is false about mortgage loans is Advertised rates are annual percentage rates.
Explanation:
Mortgage loan refers to a loan that uses real estate as collateral to receive cash upfront to be redeemed after the loan repayment is completed. if the loan is not remitted as at when due , the lender lays claim to the real estate property.
By increasing the number of payments per year you increase your effective borrowing rate.
When you use a spreadsheet to calculate your interest rates, it uses the periodic interest rate, not the annual percentage rate.
You can find a monthly payment by dividing the annual payment by 12.
However, advertised interest rate are not the same as your loan's annual percentage rate (APR) because other charges like mortgage insurance, closing costs, discount points and loan origination fees apply.
The number of potted plants that they should be able to produce on day is 50.
<h3>What is the above question about?</h3>
The question is one that deals with opportunity cost. The opportunity cost is known to be the cost that has to do with the particular choice one make in a given situation while forgetting others.
Note that based on the scenario above, the option on day 3 that is 50 potted plants is the correct option of what they should be able to produce.
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Answer: Max Weber
Explanation:
From the given case/scenario , we can state that Lance's attitudes tends to suggest that , he is influenced by the ideologies of Max Weber. Max Weber is best known for thesis which were associated with sociology of the religion and economic sociology, it was further discussed in the book "Protestant Ethic and Spirit of the Capitalism" , where Max proposed that the ascetic of Protestantism was considered to be one of the major affinities that was associated with rise in market-driven capitalism.
Answer:
(a)- Its assets will increase, as will its equity
Explanation:
The commercial terms state FOB shipping point therefore the transfer succeeds once the cargo enter the port.
The sale is thus completed. The revenue can be recognize thus, increasing the company's equity and assets.
Account receivable(+Assets) debit
Sales Revenue(+Equity) credit