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Naddik [55]
3 years ago
7

Creditors often include several requirements in a mortgage contract in order to protect their interests. In order to ensure that

the borrower does not refinance too quickly, they often include a _____ clause. The contract often requires the homeowner to _____ the property to sustain its value. Homeowners often must provide proof of homeowner's _____ to protect the lender in case of a loss. Finally, if the debtor borrows 80% of the value of the home or more, the creditor may require _____ insurance.
Business
1 answer:
muminat3 years ago
5 0

Answer:

prepayment penalty, maintain, insurance, mortgage

Explanation:

Prepayment penalty clause relates to the situation that the borrower shall not prepay the borrowed amount as to the creditor it will be loss in the form of interest, thus, it do not want that the borrower shall collect from any other source.

The property should not loose its value, or the value shall not be degraded as that will result in loss, as when the borrower fails to repay the loan, creditor has the right to sell it, if it will not be maintained the value will degrade.

Insurance is required so that same as in above mentioned point that the value is not lost, and then the value of loan is fully recoverable.

If the value of loan exceeds 80% of value of property there shall be mortgage as the lender ensures his payment and no failure shall be there.

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In the development of a marketing plan, blending the marketing mix would not generally involve:_____.
KATRIN_1 [288]

In the improvement of an advertising plan, blending the advertising mix might now not generally involve. "Predicting destiny behavior" isn't part of the technique.

An advertising plan is the advertising strategy that a commercial enterprise will implement to promote its products or services. The advertising and marketing plan will help decide who the target marketplace is, how pleasant to attain them, at what rate factor the service or product ought to be sold, and how the enterprise will measure its efforts.

AN instance OF A advertising PLAN. based on an evaluation of the watch marketplace and our strengths, well-known will introduce the Spree watch. half of the shoppers of branded style watches are between 18 and 34 years of age. This group, which purchases extra watches in line with capita than those older, is our primary market phase.

Knowing your target purchaser, taking an incorporated method in your campaigns, understanding and speaking your USP, focusing on your patron's troubles and particularly, committing.

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3 0
2 years ago
Aircraft Products, a manufacturer of aircraft landing gear, makes 1,000 units each year of a special valve used in assembling on
Sedaia [141]

Answer:

b. Increase by $17,000

Explanation:

For computing the change in the operating income, first we have to determine the cost by make and buy options

Make options:

= Variable cost + fixed cost

= $70 + $60

= $130

Buy options:

= Outside supplier cost + fixed cost × remaining percentage

= $77 + $60 × 60%

= $77 + $36

= $113

So, the difference of cost would be

= $130 - $113

= $17

And, the operating income would be

= Number of units make in each year × cost difference

= 1,000 units × $17

= $17,000

4 0
3 years ago
The amount of the promissory note plus the interest earned on the due date is called the
yuradex [85]

Answer:

The amount of the promissory note plus the interest earned on the due date is called the maturity value.

Explanation:

Maturity value is the amount that has to be paid to an investor at the end of the debt's intrument period. The amount to be paid includes the interest earned during the  period of the investment and the amount of money invested.

3 0
4 years ago
Data shows that the audience for a client's running shoe store is women ages 35 to 50. how can you optimize this client's displa
tatuchka [14]
<span>Women in this age range are most likely mothers to one or more children, so the display network should focus on the messaging moms want to hear, like how these shoes can help them complete their exercise in less time so they can focus on providing for children, working, or maintain their bodies after child birth.</span>
7 0
3 years ago
Why we remove interest amount from 1 year amount?
Lynna [10]

The interest amount earned is removed from the accumulated amount of savings because the interest is simple interest.

<h3>What is Interest?</h3>

interest is the percentage amount earned over the savings made and deposited in the account, the interest is a basic market interest rate that is applied to the savings to calculate the amount of interest income for a given period of time.

The savings are deposited and they are applied for the interest rate the interest income is also included in the original savings, then for the next year the interest rate will again be only applied to the original savings amount and not the compounded amount that is the original amount of savings plus the interest earned in the first year.

That is why the interest earned in the first year is deducted from the total savings in the account to calculate the interest income for the second year.  

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7 0
2 years ago
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