1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ehidna [41]
3 years ago
15

Daniel is due to receive the balance of his trust fund in 5​ years; as a result he has taken out​ a(n) ________ mortgage where h

e has made small payments for several years and will pay off the balance in one large payment with his trust funds.
Business
1 answer:
disa [49]3 years ago
6 0

Answer: Balloon payment mortgage

                         

Explanation: In simple words, balloon payment mortgage refers to the form of mortgage in which the borrower has to pay small amount of money over a particular item and at the time of maturity he has to pay a lump sum amount that is called the balloon payment of that mortgage.

These types of mortgages are usually used by business organisation who are expecting high profits on a project after a certain period of time. Thus, the correct answer is balloon payment mortgage.

You might be interested in
What is Social responsibilities in business
Artemon [7]

Answer:

Social responsibility in business, also known as corporate social responsibility (CSR), pertains to people and organizations behaving and conducting business ethically and with sensitivity towards social, cultural, economic, and environmental issues.

8 0
3 years ago
The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each
zzz [600]

Answer:

40 air conditioner and 60 fans yield a 1,900 dollar profit

Explanation:

Maximize: 26x_1+15x_2\\$Subject to:\\3x_1+ 2x_2 =240\\2x_1+x_2 =120

We apply this constrain on excel solver tool.

                     Wiring  Drilling    Profit per unit   Total Profit

AC  40 units 120  80            25                  1000

Fan 60 units 120  60            15                  <u> 900 </u>

  240        140  1900                 1,900

8 0
3 years ago
The san francisco giants sell tickets based on​ ____________, where the prices often change based on demand and other variables.
pychu [463]
The San Francisco Giants sell tickets based on <u>dynamic pricing</u>, <span>where the prices often change based on demand and other variables.
This means that these tickets are based on how much a regular customer is willing to pay. There is an approximate price that seems reasonable for customers, and it can fluctuate, but still it is the best way to buy or sell something and profit after it. </span>
5 0
2 years ago
Only old people who needs to know about Social Security
svet-max [94.6K]

Answer:

No

Explanation:

5 0
3 years ago
Chino Company reported net income of $23,000 for the current year. During the year, Inventory decreased by $7,500, Accounts Paya
ikadub [295]

Answer: A). $25,750.

Explanation:

Cash from operating activities refers to cash from the business operations of the company.

Formula is:

= Net Income + Depreciation + Decrease in inventory - Accounts payable decrease - Accounts receivable increase

= 23,000 + 10,500 + 7,500 - 8,250 - 7,000

= $25,750

7 0
3 years ago
Read 2 more answers
Other questions:
  • Blue Moose Home Builders’s quick ratio is ____, and its current ratio is _____; Blue Hamster Manufacturing Inc.’s quick ratio is
    14·1 answer
  • Printers Company pays a $25,000 annual membership fee to a trade association for paper wholesalers. The trade association estima
    15·1 answer
  • While you're working in a sales office, the office manager says that the sales staff should try to use an empathetic tone when s
    10·1 answer
  • You have been asked to give a presentation to your co-workers in the digital marketing department at your current employer on wh
    7·1 answer
  • Suppose a local hardware store has explicit costs of $2 million per year and implicit costs of $44,000 per year. If the store ea
    6·1 answer
  • Assume that the interest rate is 4% compounded monthly. Roy buys 100 shares of Moogle company, at the market price of $30 per sh
    9·1 answer
  • Corporations produce about 84 percent of the business sector output, but are only about _____ percent of the total number of bus
    5·1 answer
  • What is the primary purpose of a mission statement
    13·1 answer
  • Materials were requisitioned for use, $28,200, of which $25,000 were direct materials. The entry is:
    5·1 answer
  • When a pharmaceutical company places an ad in a home and garden magazine for its new arthritis drug, it is using a ________ stra
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!