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3 years ago

A financial fee that investors and other financial institutions charge for the use of their money is called

Business

2 answers:

Marysya12 [62]3 years ago

5 0

It’s (C. )Mortgage

babunello [35]3 years ago

3 0

Answer:

The answer is interest

Explanation:

I just finished the test

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Maury and Bev have saved all their lives and they have been able to pay off their mortgage on their home. Bev is getting elderly

Alina [70]

Answer:

A reverse mortgage

Explanation:

A reverse mortgage is a loan type available to senior citizens above the age of 62. This loan type allows the elderly to convert part of their home equity into cash without selling the house. Once a bank value home, it offers the loan against the home value. The loan amount is dispersed as a lump sum or fixed monthly payments. The elderly do not have to pay back the loan. The bank recover its money upon death or relocation.

Maury should get a reverse mortgage loan. He won't have to repay the loan but will be getting monthly payments to support Bev's care.

7 0

4 years ago

Richard’s annual college expenses are expected to total $17,745. He will receive $5,320 in grants. How much will Richard need to

ddd [48]

I believe it is $12,425 but don't quote me on that

6 0

3 years ago

Concert Hall sells season tickets for six events at a price of $78. In pricing the tickets, the planners assigned the leadoff ev

mina [271]

Answer: $66,150

Explanation:

The leadoff event is priced at $23 out of the $78 and the rest of the 5 events will be priced equally.

This means that after the first event, the other 5 will cumulatively be valued at;

= (78 - 23)/5

= $11

The other events are priced at $11 each.

For the first 3 events therefore;

First event = $23 and the other 2 events are $11 each;

= 23 + 11 + 11

= $45

Tickets sold are 1,470;

Revenue from first 3 = 45 * 1,470

= $66,150

6 0

3 years ago

If you buy a home that costs $100,000, it is currently worth $200,000, and you still owe $50,000 on it, how much equity do you h

givi [52]

Answer:

$150,000.00

Explanation:

Home equity describes the difference between the appraised value of a home and the outstanding mortgage amount. In other words, home equity equals to estimated current value minus mortgage balance.

In the cases: Current value $ 200,000

Mortgage balance : $50,000

home equity : =$200,000-$50,000

=$150,000.00

6 0

4 years ago

Sustainability, health and wellness, and how to more efficiently utilize and distribute food are all considered political trends

Delicious77 [7]

It is a false statement that sustainability, health wellness and distribution of food are all considered political trend.

<h3>What is a political trend?</h3>

These are trends that influenced consumer views and behavior with the new arount the world of politics that always keep viewer interests.

Fir insatance, the trends about Russian war is an example of political trend because it is strictly on politics.

Therefore, It is a false statement that sustainability, health wellness and distribution of food are all considered political trend.