Answer: Minimum 62 years
Explanation: As per the rules, the youngest borrower must have attained the age of 62 years to qualify for reverse mortgage loan. There are several other requirements as well.
HUD financial criteria also needs to be fulfilled by the borrower. The home in which borrowers be living must be their prime residence and the required home equity will also be required.
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Answer:
![n=40](https://tex.z-dn.net/?f=n%3D40)
Explanation:
We want to know the value of
when ![P=480](https://tex.z-dn.net/?f=P%3D480)
![P=3n^2-90n-720\\480=3n^2-90n-720\\3n^2-90n-720-480=0\\3n^2-90n-1200=0\\3(n^2-30n-400)=0\\n^2-30n-400=0](https://tex.z-dn.net/?f=P%3D3n%5E2-90n-720%5C%5C480%3D3n%5E2-90n-720%5C%5C3n%5E2-90n-720-480%3D0%5C%5C3n%5E2-90n-1200%3D0%5C%5C3%28n%5E2-30n-400%29%3D0%5C%5Cn%5E2-30n-400%3D0)
From here, we can find the factors of the quadratic equation, we need two numbers that multiplied give -400 and added -30. Since they are factors of 400, we can choose -20x20 or -40x10. When adding -20 and 20 the result is zero, but the sum of -40 and 10 is -30. Then:
![n^2-30n-400=0\\(n-40)(n+10)=0\\](https://tex.z-dn.net/?f=n%5E2-30n-400%3D0%5C%5C%28n-40%29%28n%2B10%29%3D0%5C%5C)
The solutions of the quadratic equation are
and
:
![n_1=40\\n_2=-10](https://tex.z-dn.net/?f=n_1%3D40%5C%5Cn_2%3D-10)
Since
is a positive integer:
![n=40](https://tex.z-dn.net/?f=n%3D40)
Answer: Option B
Explanation: In simple words, global structure refers to the structure in which the operations of an entity are managed on the basis of geographic areas rather on the basis of product.
The companies having global structures operate their business on many different countries and the scale of their operations are usually huge. Therefore, they profit from the economies of scale and enjoy lower production cost than others.
Hence the correct option is B.
The answer to this answer is B.lower spending
Lower spending means that the government used less money to be allocated into the government programs (such as welfares, infrastructure, etc)
By doing this, the government will have larger chunk of the budget at the end of the fiscal year, which cause a budget surplus for the governemnt