Take a deep breath and trust that his preparation will pay off! He can also visualize all the times in his life when he has had success. That will boost his confidence level.
Considering mortgage finance analysis, when buying a home, the lender may hold money in an escrow account to pay "<u>property taxes</u>."
<h3>What is an escrow account?</h3>
An escrow account is a specially made account in which it is used to manage your mortgages.
An escrow account is a form of savings account whereby mortgage service providers help manage on behalf of the escrow account holder
<h3>Money from the Escrow Account can be used to pay the following fees or charges:</h3>
- Property taxes
- Homeowners insurance
- Mortgage insurance premiums
Hence, in this case, it is concluded that the correct answer is option C. "<u>Property Taxes."</u>
Learn more about the escrow account here: brainly.com/question/2312030
Answer:
The correct answer is the third option: High Yield Savings Account.
Explanation:
To begin with, the name of <em>"High Yield Savings Account"</em> refers to a financial tool whose purpose is to act as a deposit account in order to save money with the plus of getting a higher interest rate than in other traditional saving accounts and also offers better returns than traditional checking accounts. Moreover, this typo of account does also tends to come with no monthly fees and low fees for certain situations like having non-sufficient funds. That is why this is best option for Jordan in order to save the money that he inherited.
This type of municipal government is called the commission form. It is the type that combines the executive and legislative functions into a single body. In this type, the voters elect a small group called commission to lead the whole municipality.
Answer:
The answer is stockholders' equity is overstated
Explanation:
When inventories are overstated it reduces the cost of sales because the excess inventory in accounting records means the ending inventory will be higher and cost of sales will be lower.
When ending inventory is overstated, total assets and retained earnings will be overstated. And when retained earnings is overstated, stockholders' equity is also overstated because retained earnings is a line item under stockholders' equity.
