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kondaur [170]
3 years ago
6

Which of the following statements is true? a) You will always pay less interest with a 15-year mortgage than with a 30-year mort

gage, provided that the interest rate is the same for both loans b) With an adjustable rate mortgage, the interest rate always increases after the first five years c) If you refinance your home, the interest rate will remain the same Submit
Business
1 answer:
horrorfan [7]3 years ago
4 0
<span>b) With an adjustable rate mortgage, the interest rate always increases after the first five years 

</span>
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Agent Armstrong is employed by XYZ Agency, which is under contract with ABC Health Plan, a Medicare Advantage (MA) plan that off
MA_775_DIABLO [31]

Answer:

Agent Armstrong needs to be licensed and appointed in every state in which beneficiaries to whom he markets ABC MA plans are located.

Explanation:

In the given scenario XYZ Agency maintains a website marketing the MA plans with which it has contracts. So they are not in one location.

Clients from multiple states can subscribe to their services via website.

Agent Armstrong follows up with individuals who request more information about ABC MA plans via the website and tries to persuade them to enroll in ABC plans.

Since clients enroll in different locations there is a need for Armstrong to be licensed and appointed in every state in which beneficiaries to whom he markets ABC MA plans are located.

This will satisfy the varying compliance rules that each state of operation may have. Thereby providing seamless service delivery to customers of XYZ agency.

7 0
3 years ago
What type of product modification is likely to make the greatest impact on a food product?
Elina [12.6K]

Answer: Aesthetic

Explanation:

The type of product modification that is likely to make the greatest impact on a food product is aesthetic.

Product Modification simply means the improvement of an existing products in such a way that necessary changes are made to the product's nature, size, color, characteristics, nature, packing etc. in order to meet consumers demand. Aesthetic in food products will help the product stand out and beautify it.

7 0
3 years ago
Beresford Inc. purchased several investments in debt securities during 2020, its first year of operations. The following informa
horsena [70]

Answer:

Check the explanation

Explanation:

Kindly check the attached image below to see the step by step explanation to the question above.

5 0
3 years ago
Your mother and father are retired and need income to live on. The local financial advisor offers to sell them a product that wi
klio [65]

Answer:

To evaluate the choice, we have to calculate the present value of future cash flows and compare it with the cost. We use the following formula

    present value    =  C ×  [ \frac{1 - (1 + i)^{-n} }{i} ]​

where

                     C = yearly payments = 75000

                     i =  interest rate  = 8%

                     n = no. of years   = 15

put the given values in above equation, we get

       Present value = 75000 ×8.559478688

                               = 641,961

Since the present value of cash flow 641,961 is less than the cost 750,000, I would not recommend it.

If Interest rate = 5%, then:

Do the same procedure as above but take i=5%

        Present value = 75000 × 10.37965804

                                = 778,474

Since the present value of future cash flows 778,474 is greater than the cost 750,000, I would recommend it.

3 0
3 years ago
As demand for goods increased, cottage industries were not able to keep up. The _______ system developed to meet this growing ne
Papessa [141]

Answer;

The answer is factory system

Explanation:

5 0
3 years ago
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