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3 years ago

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What does "ARM" stand for? A. Adjustable-rate mortgage B. Advised mortgage rate C. Adjusted-rate mortgage D. Amortized real mort

gage
2b2t

1 answer:

disa [49]3 years ago

4 0

Answer:

A. Adjustable-rate mortgage

Explanation:

An Adjustable-rate mortgage in which the interest rate applied on the out standing balance varies throughout the life of the loan

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Assume the demand function for basketballs is given by QD = 150 −3P + 0.1I, where P = price of a basketball, and I = average inc

TEA [102]

Answer: (1) Equilibrium price = 60 and Equilibrium quantity = 120, when I = $1500.

(2) Equilibrium price = 54 and Equilibrium quantity = 108, when I = $1200.

Explanation:

(1) When Average income (I) = $1500

At equilibrium, QD = QS

150 - 3p + 0.1I = 2p

150 - 3p + 0.1 × 1500 = 2p

5p = 300

p = $\frac{300}{5}$

p = 60

q = 2p ⇒ 2 × 60 = 120

Hence, p and q are equilibrium price and equilibrium quantity, respectively.

(2) If 20% income tax is introduced then Average income (I) = $1500 - 20% of $1500 ⇒ $1500 - $300 = $1200

At equilibrium, QD = QS

150 - 3p + 0.1I = 2p

150 - 3p + 0.1 × 1200 = 2p

5p = 270

p = $\frac{270}{5}$

p = 54

q = 2p ⇒ 2 × 54 = 108

Hence, p and q are equilibrium price and equilibrium quantity, respectively.

4 0

3 years ago

Monique's Unique Boutique sells clothing from around the world in the United States. Monique regularly travels overseas to find

Helga [31]

Monique is a(n) Importer.

What is an Import?

Any good or commodity brought into one country from another. Customs authorities must be involved in both the import and export countries.

Import trade means goods and services purchased in one country from another. Because products are frequently transported by ship to foreign countries, the term "import" derives from the word "port." Imports, like exports, are the backbone of international trade.

In this case, if the cost of a country's imports exceeds the value of its exports, the country has a negative balance of trade (BOT), also known as a trade deficit.

Objectives of Import Trade:

To speed up industrialisation
To meet domestic demand
To overcome natural disasters
To improve standard of living
To ensure national defense

Know more about trade here:

brainly.com/question/17717899

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6 0

2 years ago

In the welding operations of a bicycle manufacturer, a bike frame has a flow time of about 11.75 hours. The time in the welding

3241004551 [841]

Answer:

Exact flow time = 14.5 hours

Value added percentage of flow time = 0.0020

Explanation:

Exact Flow time is calculated as :

1 + 2+ 2+ 3+ 2+ 2+ 05+ 2 hours + [1.75 minutes / 60] hours = 14.50 hours

14.50 * 60 = 871.75 minutes

Value added percentage of flow time calculations :

1.75 minutes / 871.75 minutes = 0.0020 or 0.2%

7 0

3 years ago

Olympia Autos Inc. merged with its competitor Vaca Autos Inc. This allowed Olympia Autos to use its technological competencies a

zlopas [31]

Answer:

Olympia Autos Inc. and Vaca Autos Inc.

This merger scenario illustrates the power of synergy.

Explanation:

Synergy is achieved with Olympia Autos Inc that has technological competencies, merging with Vaca Autos' marketing capacities. This enable the two entities to achieve more as one than they could have achieved individually. By capturing a larger market share, the two entities have shown that the combination of resources in pursuit of some common objectives is more beneficial than separate efforts.

4 0

3 years ago

E-Tech Initiatives Limited plans to issue $500,000, 10-year, 4 percent bonds. Interest is payable annually on December 31. All o

Blababa [14]

Answer:

E-Tech Initiatives Limited

Partial balance sheet

as on January 2, 2019

Liabilities

Long term Liabilities

Bond Payable ________________ $500,000

Add: Premium on Bond _________ <u>$10,000 </u>

_____________________________________ $510,000

Explanation:

First Calculate the issuance value

Issuance value = $500,000 x 102% = $510,000

The bond is issued on Premium, Now calculate the premium on bond value

Premium on bond = Issuance value - Premium on Bond

Premium on bond = $510,000 - $500,000

Premium on bond = $10,000

The bond payable value of $500,000 and Premium on the bond aer reported in the long term liability section of balance sheet.

7 0

3 years ago