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Amanda [17]
4 years ago
12

What is one difference between fixed-rate mortgages and variable-rate mortgages?

Business
1 answer:
satela [25.4K]4 years ago
6 0
The correct answer should be <span>B. The interest rate may change depending on the condition of the economy.

Fixed-rate mortgages keep the same rates as they were declared at the time of the contract signing, which can either be great for the person or the bank depending on the economy fluctuations. Variable-rate mortgages change based on the economy which means that the conditions are always kept to a certain standard.</span>
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Travis takes two trips to Ecuador. On his first trip, he finds that one US dollar is worth 25000 Ecuadorian Sucre. On his return
Agata [3.3K]

Answer:

More Americans will travel to Ecuador.

Explanation:

Travis is an American.

On his first trip,

1 US dollar = 25,000 Ecuadorian Sucre

On his second trip,

1 US dollar = 26,000 Ecuadorian Sucre

This indicates that the US dollar appreciated against the Ecuadorian Sucre. Now, the residents of United States will have to pay less for going on a trip to Ecuador. Hence, there is an increase in the number of Americans going for a trip to Ecuador.

6 0
4 years ago
Read 2 more answers
The Optima Mutual Fund has an expected return of 20%, and a volatility of 20%. Optima claims that no other portfolio offers a hi
mel-nik [20]

Answer:

(a) 0.75

(b) 0.2

(c) 0.6

Explanation:

(a)Calculating Sharpe ratio-

Given-

Expected return = 20%,

Risk free rate of return = 5%,

Volatility = 20%

Sharpe ratio = (Mean portfolio return - Risk free return) ÷ Standard deviation of portfolio

Sharpe Ratio = (20% - 5%) ÷ 20%

                      = 0.75

(b) Given-

Standard deviation = 40%,

Portfolio return= 11%,

Risk free return will remain same as 5%

Sharpe Ratio of Ebay = (11% - 5%) ÷ 40%

Sharpe Ratio of Ebay = 0.15

Correlation of Ebay with Optima fund:

= Sharpe ratio of Ebay ÷ Sharpe ratio of Optima fund  

= 0.15 ÷ 0.75

= 0.2      

(c) Correlation of Sub-Optima fund with Optima fund = 80%,

Sharpe ratio of Optima = 0.75

Correlation of Sub-Optima fund with Optima fund:

= Sharpe ratio of Sub-Optima fund ÷ Sharpe ratio of Optima fund

0.80 = Sharpe ratio of Sub-Optima fund ÷  0.75

Sharpe ratio of Sub-Optima fund = 0.80 × 0.75

                                                       = 0.6        

6 0
3 years ago
The Administrator of the state of Wisconsin has designated the Investment Adviser Registration Depository (IARD) as the approved
Valentin [98]

Answer:

In states where the administrator has designated the IARD as the method for filing registration applications electronically, two exemptions are available.  The exemptions are given in cases where the form that is filed cannot be accepted by the IARD and for hardships incurred through unexpected technical difficulties in filing. In such cases the investment adviser may file a manual application.

7 0
3 years ago
Partnerships in which only one person takes responsibility and the rest of the partners provide only money is called
Juli2301 [7.4K]
Partnerships that one person takes responsibility and the rest of the partners provide only money is called a limited partnership.
7 0
3 years ago
Identify the type of writing/Essay.
Dimas [21]

was a sudden hush among the people in the crowd on top of Mount Sinai. Following their gaze, I saw a thin red sliver sitting on top of bands of silver-gray clouds, suspended over the desert wilderness. As I continued to watch, the Red Crescent becomes larger, filling out into a semicircle and spilling its pigment onto the clouds and the bleak desert hills. Answer;

12. People often refer to Africa as the Dark Continent, meaning that Africans were uncivilized, unsophisticated, and ignorant people. West Africa, East Africa, and ancient Zimbabwe are examples that refute this stereotype. The Dark Continent would not be an accurate label for Ancient Africa. Answer;

13. The Taj Mehal complex includes a main gateway, a garden with pools of water, a red sandstone mosque, and an identical building called “Jawab” shah Jahan wanted to build the second mausoleum across the river, as grandiose as the Taj Mehal, to have his own remains buried there. He also wanted the two mausoleums to be connected with bridges. But unfortunately, these plans remained on paper.

Explanation:

Identify the type of writing/Essay.

11. There was a sudden hush among the people in the crowd on top of Mount Sinai. Following their gaze, I saw a thin red sliver sitting on top of bands of silver-gray clouds, suspended over the desert wilderness. As I continued to watch, the Red Crescent becomes larger, filling out into a semicircle and spilling its pigment onto the clouds and the bleak desert hills. Answer;

12. People often refer to Africa as the Dark Continent, meaning that Africans were uncivilized, unsophisticated, and ignorant people. West Africa, East Africa, and ancient Zimbabwe are examples that refute this stereotype. The Dark Continent would not be an accurate label for Ancient Africa. Answer;

13. The Taj Mehal complex includes a main gateway, a garden with pools of water, a red sandstone mosque, and an identical building called “Jawab” shah Jahan wanted to build the second mausoleum across the river, as grandiose as the Taj Mehal, to have his own remains buried there. He also wanted the two mausoleums to be connected with bridges. But unfortunately, these plans remained on paper.

7 0
3 years ago
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