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aniked [119]
4 years ago
15

A mortgage in which you pay a fixed monthly payment for a specified number of years and then make a final large repayment of the

principal is called a/an:__________.
Business
1 answer:
BlackZzzverrR [31]4 years ago
3 0

Answer:

Balloon mortgage

Explanation:

The balloon mortgage type requires the borrower to repay the mortgage loan in lumpsum at the end of a specified period. These mortgage types are mostly short term, but maybe long-term in some instances.  In balloon mortgage, the borrower may be required to be repaying interest only over the life of the mortgage. At maturity, the principal amount is repaid in a lump sum.

Balloon mortgage poses a great risk to lenders. Some lenders may charge a high-interest charge rate to cover for the risk. Balloon loans are suited to commercial construction firms. They come to develop houses and repay in a lump sum when they make sales.

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Find the selling price of the following item.
Vilka [71]

Answer:

d) 201.39

Explanation:

Selling price = Cost price + mark-up

in this case: $ 125.39 + $79 = 201.39

8 0
4 years ago
Read 2 more answers
While samantha, a manager at organization abc, was on a business trip out of state, she sent a number of her employees email. sh
NISA [10]
Well she certainly isn't management material. That type of communication needs to be face to face. She neglected to even have the courtesy to let her know the specifics of the poor performances. Either way,you don't deliver this in email. Very unprofessional. I know Email is one way communication. If I were the employee, I wouldn't respond. I'd pack up my stuff and get another job or SERIOUSLY START LOOKING. ADVICE: ALWAYS keep your resume up to date!!!!
6 0
4 years ago
This app is amazing to keep up the good work
aliya0001 [1]

Answer:

Yes, it is.

Explanation:

8 0
3 years ago
Part of implementing Quality Windows Limited new enterprise resource planning (ERP) software is ensuring all workstations and se
Setler [38]

Answer:

A)i) web browser software :

  ii) web server software :

B) i) Web browser software: Auto-download updates  and Tracking functionality

ii)  web server software : unauthorized access and unsecure connection from web browse

C) i) Legal and regulatory controls

  ii) Access controls

D) i)  Validation process -

ii) Define Requirements-

iii) Develop:

iv)Testing: Test what has been developed

v) Review/Management :

Explanation:

A ) Functions that the software application should provide

i) web browser software : This functions requires the software to make requests from the relevant web pages and sending them to the web server software application and serve it up to customers

ii) web server software : This function means that the software should be  able to store, process and deliver web pages to web browser applications’.

B) Functions that this software application should prohibit

i) Web browser software: Auto-download updates  and Tracking functionality

ii)  web server software : unauthorized access and unsecure connection from web browser

C) Controls that are necessary to ensure application software operates as intended

i) Legal and regulatory controls such as privacy laws, and copyright policies  will help the software operate smoothly

ii) Access controls such as  user authentication when a user is trying to login is very vital for the security of the user

D Steps necessary to validate that the software operates as intended

i)  Validation process - The validation process is the first step which is intended to  implement plans that identifies who has access to the software, what is been done on the software, and where the software is going to be accessed from.

ii) Define Requirements- defining the functions of the software and what the system can't do as well

iii) Develop: after Defining the requirements the next step is to develop the software in line with the defined requirements

iv)Testing: Test what has been developed

v) Review/Management : After successful testing of the product/software a review of the whole process before commercializing it is required as well

4 0
3 years ago
LeGrand Corporation reported the following amounts in its income statement: Sales revenue $ 440,000 Advertising expense 60,000 I
kari74 [83]

Answer:

Gross profit= $260,000

Explanation:

Giving the following information:

Sales revenue $ 440,000

Cost of goods sold 180,000

The gross profit is the result of deducting the cost of goods sold from sales revenue. It will appear in the income statement under absorption costing.

Gross profit= sales revenue - COGS

Gross profit= 440,000 - 180,000= $260,000

5 0
3 years ago
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