Answer:
The insurance company will pay the mortage of $400,000
Explanation:
Loan value = 96%* $500000
= $480000
75% LTV value = $375000
Portion of loan over 75% LTV= $105000.
This is the amount insured.
5 years later, Sam needs $400000 more to pay. But he defaults.
And he has only paid $100000 of mortgage loan.
So, insurance company will pay the remaining balance of the amount insured to Sam's lender.
Therefore, The insurance company will pay the mortage of $400,000.
The answer is c. means that the natural variation of the process must be small enough to produce products that meet the standard.
Answer:
Explanation:
The meaning of terms is shown below:
Direct material: The material which is directly related to the production process of the product is known as direct material
Direct labor: The labor who are engaged in production process of the product plus their wages is known as the direct labor
Manufacturing overhead: All the indirect cost related to manufacturing is known as manufacturing overhead i.e depreciation on factory equipment, the salary of supervisor etc
The categorization is given below:
a. Windshield - direct materials
b. Engine - direct materials
c. Wages of assembly line worker - direct labor
d. Depreciation of factory machinery - manufacturing overhead
e. Factory Machinery lubricants - manufacturing overhead
f. Tires - direct materials
g. Steering wheel - direct materials
h. Salary of painting supervisor - manufacturing overhead
You invest money in a store or product
Let's say for example Chipotle
So (in small numbers)
Let's say you buy a piece of chipotle and you buy it for $50. Once you buy the piece that means you know own "stock" in chipotles business.
Maybe the next week chipotle is doing good and you'll make $200
But another week chipotle isn't doing so well and you make $25
By investing in chipotle you believe that chipotle will accumulate a lot of cash in the next years to come. So depending on what percent you bought you will receive money if chipotle does well. And you won't Recieve money if chipotle is not doing well.
Sorry this is so long but it takes a while to explain the stock market. That's the best I could do.
Also iPhones have a stock market app if your interested
The main benefit that a 401(K) provides for a person over an IRA is that of e. <u>Employer's contribution. </u>
<h3>What separates an IRA from a 401(K)?</h3>
An Individual Retirement Account (IRA) by definition is a pension investment vehicle that is funded by the person who uses it to save for their retirement.
401(K)s on the other hand, have the benefit of being contributed to by employers. This allows for higher amounts to be invested, and lower amounts to be used for investing by the person who owns the 401(K).
Find out more on types of Individual Retirement Accounts (IRA) at brainly.com/question/13032524.
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