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IRISSAK [1]
3 years ago
13

When obtaining a mortgage, in order to not be taken, paying a much higher rate than neccessary, which can easily cost well over

100,000 additional dollars over the life of the loan, the authors recommend getting a minimum of how many quotes?
Business
1 answer:
aniked [119]3 years ago
5 0

Answer:

The recommended minimum is "three" number of quotes.

Explanation:

While there is no limit to the number of quotes one should take, one must take at least three quotes to compare and make decision.

So, The recommended minimum is "three" number of quotes.

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You are examining an investment opportunity. It would require you to pay money today and then receive payments semi-annually fro
Lady_Fox [76]

Answer:

The semi annual rate is 4.88%

Explanation:

semi annual rate = [((1+r)^(1/n)) -1]

                            =  [((1+10%)^(1/2)) -1]

                            = 4.88%

Therefore, the semi-annual rate (i.e. periodic return per six months) do you require (i.e. need to earn such that this implies 10% earned per year when you get to compound semi-annually) is 4.88%.

 

5 0
3 years ago
Explain why America has a debt problem.
kenny6666 [7]

Answer:

That's because as a country's economy grows, the amount of revenue a government can spend to pay its debts grows as well. In addition, a larger economy generally means the country's capital markets will grow and the government can tap them to issue more debt.

Explanation:

hope it helps

7 0
2 years ago
Andermeyer Jewelers, which specializes in high-end jewelry, has been in existence since the 1870s and has served generations of
TiliK225 [7]

Answer:

A is the correct answer

Explanation:

Most small businesses use a simple organizational structure. In this, decision making is centralized with the owner. It doesn't have any formal departments and layers. There are both advantages and disadvantages of running the company with this structure. It enables the owner to keep tight control over the company's operation. No decisions can be made without the owner's approval and the owners of aware of every decision made. These companies make decisions quickly as there are no layers of management where the request needs to climb before approval.

6 0
3 years ago
What is the budgeted cost of goods sold given the following for next budget
Andreas93 [3]

Answer:

what is this i don't know hope I will understand plz don't be angry

4 0
3 years ago
51 Which of the following is the best estimate, in feet, for personal distance in Western cultures? Multiple Choice O
steposvetlana [31]

The correct option is b) 1.5-4. The best estimate for personal distance in Western cultures is around 1.5 to 4 feet.

<h3>What is meant by personal distance?</h3>

The term personal distance is often used to describe the physical space distance between communicating parties in western cultures. For example, when people are talking in a group setting or in a one-on-one setting, the physical distance between them that is viewed as appropriate makes up for the personal distance range.

You can learn more about personal distance from a related question here https://brainly.in/question/5605173

#SPJ1

5 0
2 years ago
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