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klemol [59]
3 years ago
7

The biggest factor in determining the price of a mortgage is :

Business
2 answers:
djyliett [7]3 years ago
4 0

I believe the answer is: D the total cost of the home


Average mortgage price in united states is between 3-6% of the total cost of the home. While other options above might influence the cost of the mortgage, the amount wouldn't even nowhere near the amount that influenced by the total cost of the home which most likely exceed $100,000

Dafna11 [192]3 years ago
3 0

Answer:

The correct option is B

Explanation:

Interest rate is the biggest factor because if you dont find a low interest rate when buying a house, you will end up paying much more than the total cost of the house.

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In Charles Dickins' Christmas Carol which grumpy character says 'Bah Humbug'?
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3 years ago
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can frictional unemployment by itself explain the fact that the late 2010s saw more job openings than unemployed workers
neonofarm [45]

Answer:

Frictional unemployment cannot by itself explain the fact that the late 2010s saw more job openings than unemployed workers.

Instead, frictional unemployment points to the fact that some people are unemployed because they are just entering the labor market for the first time after a long period of absence.

Explanation:

As a part of natural unemployment, frictional unemployment arises when workers search for new jobs or transition from one job to another.  During economic recession, there is no increase in frictional unemployment.  Typical examples of frictional unemployment are caused by graduating students who join the labor force and are unemployed until they find work and parents who rejoin the workforce after taking sometime to stay at home and raise their children.

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2 years ago
Buffalo Corporation issues $630,000 of 9% bonds, due in 11 years, with interest payable semiannually. At the time of issue, the
katen-ka-za [31]

Answer:

the issue price of the bonds is $593,177

Explanation:

The computation of the issue price of the bonds is shown below:

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Semi-annual interest $28,350              11.68959              $331,400

Principal                     $630,000            0.41552               $261,778

Total                                                                                     $593,177

hence, the issue price of the bonds is $593,177

6 0
3 years ago
Consider a bond (with par value = $1,000) paying a coupon rate of 7% per year semiannually when the market interest rate is only
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Answer:

Explanation:

Using a financial calculator; input the following;

Duration to maturity ; N = 3*2 = 6

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then compute the price; i.e the present value; CPT PV = 1027.09

The price after 6-months would be as follows;

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Par value of the bond ; FV = 1000

Semiannual interest rate; I = 3%

Semiannual coupon payment;PMT = (7%/2)*1000 = 35

then compute the price; i.e the present value; CPT PV = 1022.90

7 0
2 years ago
A part of a business's message that distinguishes it from all its competitors
MrMuchimi

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