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Tomtit [17]
3 years ago
12

A borrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. The first two years of the loan

have a "teaser" rate of 4%, after that, the rate can reset with a 2% annual rate cap. On the reset date, the composite rate is 5%. What would the Year 3 monthly payment be? Group of answer choices
Business
1 answer:
Lana71 [14]3 years ago
8 0

Answer:

$1,067 is the correct answer.

Explanation:

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GroundSwell Pools, Inc., agrees to build a swimming pool for Francis, but fails to complete the job. Francis hires EquiAqua, Inc
Nezavi [6.7K]

Answer:

Option A. The costs needed to complete construction

Explanation:

The reason is that the harm that the Francis beared due to the unableness of the company GroundSwell to complete the construction of the swimming pool is the cost needed to complete the construction because it is the price that the company GroundSwell must pay to EquiAqua Inc. to complete the construction. So this amount required for the completion of the construction is the actual harm to Francis and is also claimable.

8 0
3 years ago
(Vetro Inc) Vetro Inc. is a glass manufacturer that produces glasses of every shape and type. Recently it signed a contract to s
Nataliya [291]

Answer:

Answer is explained in the explanation section below.

Explanation:

Data Given:

LSL = 4.96 cm

USL = 5.04 cm

Mean = 5 cm

SD = 0.01 cm

1. Capability Index:

Cpk = min ( \frac{USL - Mean }{3SD} , \frac{Mean - LSL}{3SD} )

So, now, we need to find the following:

\frac{USL - Mean }{3SD} = \frac{5.04 - 5 }{3 * 0.01}

\frac{USL - Mean }{3SD} = \frac{0.04}{0.03}

\frac{USL - Mean }{3SD} = 1.33

Similarly,

\frac{Mean - LSL }{3SD} = \frac{5 - 4.96 }{3 * 0.01}

\frac{Mean - LSL }{3SD} = \frac{0.04}{0.03}

\frac{Mean - LSL }{3SD} = 1.33

So,

Cpk = min ( \frac{USL - Mean }{3SD} , \frac{Mean - LSL}{3SD} ) = 1.33

2. Maximum Standard deviation allowed.

Let SD be maximum standard deviation allowed.

So,

Mean - 3SD = 4.96     Equation 1

Mean + 3SD = 5.04    Equation 2

Subtracting Equation 2 from 1, we have

6SD = 5.04 - 4.96

6SD = 0.08

SD = 0.0133

3 0
3 years ago
Cơ cấu tổ chức của khách sạn intercontinental Đà Nẵng
PtichkaEL [24]

Answer:

owkaowowooaoaoaoaooaoaoaooaoaooaoaoaooa

Explanation:

aooaoaoaoaooaoaoaoaooaoaoao

8 0
2 years ago
An economist would say food stamps, Medicaid, and rent vouchers are ---41---​
Minchanka [31]

Answer:

Dr. Neil would be very disappointed in you.

Explanation:

He just would.

8 0
3 years ago
In reviewing how SDF currently brands its products, Kim sees that it is using several different approaches. The Sunny Day Foods
monitta

Answer:

C) Specialty product

Explanation:

Specialty products are products that customers actively seek to buy because:

  1. the products possess unique or outstanding characteristics (e.g. luxury goods or sports cars).
  2. brand loyalty: loyalists have a strong preference for certain products and they will go out of their way to visit a store just to buy that product.

Consumers who purchase specialty products know what type of product they want and don't mind to spend time searching for that product.

8 0
3 years ago
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