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Valentin [98]
3 years ago
13

Choose the best scenario for refinancing.

Business
1 answer:
777dan777 [17]3 years ago
7 0

Answer:

Correct Answer: The best scenario for refinancing is:

a. You have a current mortgage at 5% and have been approved for a new mortgage at 3.75%. You’ll break even on the closing costs in two years, and you don’t plan to move for at least five.

Explanation:

<em>This is because, being aware that you will break even on the closing cost in 2 years which is quite better when compared to no of years to stay (atleast five years) gives the person a competitive advantage.</em>

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The ____________ of the note is the one that signed the note and promised to pay at maturity. the (maker/payee) of the note is t
Aleksandr [31]

The (maker/signer) of the note is the one that signed the note and promised to pay at maturity. The (maker/payee) of the note is the person to whom the note is payable.

A note that the maker has neglected to settle upon maturity is referred to as a dishonored note. The note is removed from notes receivable since it has matured, and the payee or holder reports the amount owed in accounts receivable. At the note's maturity date, the maker is obligated to pay the principal and interest.

Bad debt costs. Customers with (Bad/Invalid)(Collectible/Debts) accounts fail to honor their payment obligations. It is regarded as a cost associated with selling on credit. An amount owed by another party is known as a receivable.

To learn more about maturity from the given link.

brainly.com/question/28039417

#SPJ4

7 0
1 year ago
A company budgets the following merchandising purchases: April: $70,000; May $90,000; June: $60,000. All purchases are on accoun
velikii [3]

Answer:

$77,500

Explanation:

The computation of the cash disbursement for June month is shown below:

= June purchase × month percentage given + May purchase × following month percentage + April purchase × second following month percentage

= $60,000 × 25% +$ 90,000 × 50% + $70,000 × 25%

= $15,000 + $45,000 + $17,500

= $77,500

The remaining percentage would be

= 100% - 25% - 50%

= 25%

3 0
3 years ago
When John first starts his job, he rides the bus wherever he goes. However, after one year, John receives a promotion and a pay
bulgar [2K]

Answer:

<em>An inferior good</em>

<em></em>

Explanation:

<em>An inferior good is a good whose demand decreases with consumer's increase in income</em>. John's increase in pay, that came with his promotion, triggered John to switch to driving everywhere he goes instead of riding the bus. This is because John feels that riding the bus is no longer fit for him, now that he could readily afford driving around in the stead of taking the cheaper bus ride.

5 0
2 years ago
A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 15 loans per da
anyanavicka [17]

Answer:

a) 46.7, 80 b) 20, 60   c) yes

Explanation:

a) % utilization= utilization/design capacity × 100

                       = 7/15 × 100

                       = 46.7%

   % efficiency= efficiency/design capacity × 100

                              = 12/15 × 100

                                  =80%

b) Utilization= 2/10 × 100 = 20%

 Efficiency= 6/10 × 100= 60%

c) A system with higher efficiency ratios will always have higher utilization as these systems will have lesses number of failures

6 0
3 years ago
The _ leader is never able to completely turn loose of the decision making authority of the management position.
zvonat [6]

It should be noted that Consultative leader is never able to completely turn loose of the decision making authority of the management position.

<h3>What is Consultative leadership?</h3>

Consultative leadership can be regarded as a leadership style which focus on team building as well as making skills of others in making decisions.

Therefore, with Consultative leadership, decision can be made.

Learn more about Consultative leadership at;

brainly.com/question/25927714

3 0
2 years ago
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