Any country around the world has certain targets for becoming an ideal and economically stable nation. Economic goals of full employment, stability, economic growth, efficiency, and equity are widely considered to e beneficial and worth pursuing for a country to achieve economic stability. Full employment and price stability are goals that conflict with each other. Full employment is an economic situation in which all the available labor resource is being used in the most efficient way possible while price stability implies avoiding both prolonged inflation and deflation.
National Housing Federation establishes relationships with financial institutions to offer homeownership programs that include down payment assistance through grants and favorable terms.
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What is National Housing Federation?</h3>
- NHF housing association members provide homes for approximately six million people and are motivated by a social purpose: providing good quality housing at an affordable price.
- NHF assists its members in achieving that social purpose through ambitious work that results in positive change.
- The NHF offers interest-free season ticket loans and a cycle-to-work salary sacrifice scheme that covers the cost of a bike and accessories.
- NHF also provides an interest-free loan to assist you with a deposit when renting a home.
- The National Housing Federation works with financial institutions to offer homeownership programs that include down payment assistance in the form of grants and favorable terms.
Therefore, National Housing Federation establishes relationships with financial institutions to offer homeownership programs that include down payment assistance through grants and favorable terms.
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Answer:
How long will it take them to cover the cost of refinancing = 29months
Explanation:
Number of months = $1,690 / $58
Number of months = 29 months
Answer: $20,455.66
Explanation:
These are fixed payments per year so it is an annuity.
The present value annuity factor for a discount rate of 10% and 6 years duration is 4.3553.
The present value of the investment is therefore;
= 65,000 * 4.3553
= $283,094.50
The special payment in 2 years from today will be;
Special payment = future value of difference between investment amount and investment present value
= (300,000 - 283,094.50) * ( 1 + 10%)^2
= $20,455.66
Answer: option D
Explanation: Borrower or demander refers to the person who is asking and expecting some other party to give him some commodity with the arrangement that he or she will get that commodity back to the lender.
In the given case, Noberto has more outflows than the inflows hence he must be having shortage of fund. Thus, to cope with that shortage he can only borrow or demand the finds from any other entity.
Hence from the above we can conclude that the correct option is D.
