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Elena-2011 [213]
4 years ago
8

How much could the Simpsons receive on a home equity line of credit on their home with a market value of $225,000 and their equi

ty of $60,000 with having an outstanding mortgage of $125,000 (consider 80% LTV) ?
Business
1 answer:
lianna [129]4 years ago
5 0

Answer:

$55,000

Explanation:

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In countries where inflation is expected to be high, interest rates also will be high, because investors want compensation for t
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Answer:

Fisher effect

Explanation:

Fisher effect is the effect in the economic theory that is established by the economist Irving Fisher, which states the relationship among the inflation and both nominal and the real interest rates.

This effect state that the real rate of interest equals to the nominal rate of interest deduct the expected inflation rate.

So, the relationship which is mentioned in the question is the fisher effect as it state the rate of interest that reflect the expectations likely the future inflation rates.

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3 years ago
Alexis want to buy a house in 5 years. She wants to save $75,000 over the next five years for a down payment. If she can earn an
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Answer:

the monthly payment is $994.38

Explanation:

For computing the deposit amount made in equal payment for the next five years we need to apply the PMT formula i.e. to be shown in the attachment below:

Given that,  

Present value = $0

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RATE = 9% ÷ 12 = 0.75%

NPER = 5 years × 12 = 60 years

The formula is shown below:  

= PMT(RATE;NPER;PV;-FV;type)  

The future value come in negative  

So, after applying the above formula, the monthly payment is $994.38

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3 years ago
A Person who works and provides services for a fee, but not a full time employee. . A. Vendor . . B. Broker . . C. Contractor .
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What role do ethics play in using technology in market research?
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Answer:

The importance of ethics in marketing research doesn’t just apply to the way participants are treated but market research methods as well. Companies today have more access to customer data than ever before and this amount of access can easily lead to deceptive practices.

Explanation:

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3 years ago
g A price ceiling that is set below the equilibrium price _____ . Group of answer choices causes suppliers to lose money creates
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