Answer: The actual rate of the mortgage is 5.27%.
Since we're taking two mortgages for a total of $200,000 for 30 years, we can find the actual rate of the mortgage by finding the weighted average of the two rates. The weights in this case will be the proportion of loan taken at each rate
We have
Rates Weights Rates * Weights
4.15 0.80 
9.75 0.20 
Total 5.27%
Answer:
the difference between revenue and variable cost
Explanation:
As we know that
Producer surplus is = Total Revenue - Total Variable Cost
So here we can see that the producer surplus would be the difference between the revenue & the variable cost in the industry i.e. perfectly competitive
Hence, the second last option is correct
And, the other options are wrong
The main qualities of
real entrepreneur are:
1) spiritual freedom and
energy;
2) willpower;
3) ability to effectively
negotiate and convince partners and customers;
4) organizational skills;
<span>5) determination and
willingness to situations of risk.</span>
The market interest rate is often called the effective interest rate. It is also known as the yearly equivalent rate, the effective interest rate, and the effective rate (AER).
The true return on a savings account or any other interest-paying investment is known as the effective annual interest rate when the advantages of compounding over time are taken into consideration. Additionally, it shows the precise percentage rate of interest on all unpaid debts, such as credit card balances and loans.
The effective yearly interest rate serves as a proxy for the actual interest rate on a loan or investment. The most important feature of the effective yearly interest rate is the fact that it takes into account the fact that greater effective interest rates will arise from more frequent compounding periods.
To know more about interest rates click here,
brainly.com/question/1314830
#SPJ4
