Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two discount points at closing. Cost them is $3,610.
A discount point is 1% of the loan amount. Bob and Mary are paying two points (or 2% of $180,500), which is $3,610.
What is discount points?
- Discount points are a shape of paid ahead of time intrigued that contract borrowers can buy to lower the intrigued rate on their consequent month to month payments.
- Discount points are a one-time expense, paid up front either when a contract is to begin with orchestrated or amid a refinance.
- Each markdown point for the most part costs 1% of the overall credit and brings down the loan’s intrigued rate by one-eighth to one-quarter of a percent.
- Points don’t continuously got to be paid out of the buyer’s stash; they can some of the time be rolled into the advance adjust or paid by the vender.
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Answer:
A) Does not change the money supply.
Explanation:
Demand deposits change the monetary base, because the monetary base equals currency plus demand deposits.
However, in itself, a demand deposit does not change the money supply. For the change in the money supply to occur, the bank must loan out some of the money in the deposit.
Answer:
preemption
Explanation:
Preemption -
It refers to the process of getting some prior claim , is referred to as preemption .
It is basically some rights which a company takes before any other company getting it .
Some pre approved process is known as preemption , these claims are required to be taken .
Hence , from the given scenario of the question ,
The correct answer is preemption.
Answer:
a. give employees the opportunity to enact the skills.
b. use modeling to help employees learn the skills vicariously by watching other people perform the skill.
c. provide feedback with both negative and positive reinforcements of wrong and correct behaviors respectively.
Explanation:
Training can be defined as a learning process which typically involves teaching an individual or group of people skills that are relevant to their job position or roles in an organization.
This ultimately implies that, the main purpose of a training is to improve an employee's performance in his or her place of work.
To ensure that employees are learning the content effectively during the training program, firms should;
a. give employees the opportunity to enact the skills.
b. use modeling to help employees learn the skills vicariously by watching other people perform the skill.
c. provide feedback with both negative and positive reinforcements of wrong and correct behaviors respectively.
B. the subsidized federal loan /////////////////////
