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scoray [572]
3 years ago
15

: Typically required on ________ loans when the down payment is less than ______% and loan-to-value ratio is in excess of ____%.

Loans with higher LTVs don't conform to Fannie Mae/Freddie Mac guidelines, so a lender may require PMI to offset the risk.
Business
1 answer:
BARSIC [14]3 years ago
3 0

Answer:

Mortgage, 20%, 80%

Explanation:

Typically required on Mortgage loans when the down payment is less than 20% and loan-to-value ratio is in excess of 80%. Loans with higher LTVs don't conform to Fannie Mae/Freddie Mac guidelines, so a lender may require PMI to offset the risk.

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ou are the loan department supervisor for the Pacific National Bank. The following installment loan is being paid off early, and
satela [25.4K]

Answer:

$56.74

Explanation:

Base on the scenario been described in the question, we can use the following method to solve the problem

Solution Correct Response Calculate the amount financed, the finance charge, and the monthly payments for the following add-on interest loan. Purchase(Cash) Price Down Payment Amount Financed Add-onInterest Number of Payments Finance Charge $78810% $8%12 $56.74

4 0
4 years ago
The research and development department of a large manufacturing company would likely be organized as
zlopas [31]
The choices were <span>A. A profit center.  B. A cost center. C. A revenue center.
D. An investment center.

The answer is B. a cost center. 

Cost centers give profit to a company indirectly. It can come from human resources, the right people for the job are hired makes efficient work done carefully. Research and development is also a cost center because it can search for productive works and innovations that can help the company address its weaknesses. R&D can lower the budget cost and still maintain the quality of products.  </span>
6 0
4 years ago
In what way does the strategic alliance between gm and lyft allow gm to hedge against uncertainty?.
san4es73 [151]

The strategic alliance between GM and Lyft allows GM to hedge against uncertainty by giving GM access to the market of the future, increasing its market innovation.

Through this strategic alliance, GM demonstrates innovation in its processes by investing in a car rental market, as there is an expectation that in the future there will be a drastic reduction in private cars.

<h3 /><h3>What is a strategic alliance?</h3>

Corresponds to an agreement between two or more companies, where there is an independent partnership for sharing organizational resources, such as technology, market and knowledge.

Therefore, through the partnership with Lyft, GM is already entering an innovative and expanding market, developing its positioning strategy for the future.

Find out more about strategic alliance here:

brainly.com/question/13710961

#SPJ1

6 0
2 years ago
Suppose Cathy and Lewis work in a bakery making pies and cakes. Suppose it takes Cathy 1.5 hours to make a pie and 1 hour to mak
Lunna [17]

Answer:

D. Cathy should specialize in pies, and Lewis should specialize in cakes

Explanation:

For determining which statement is correct first we need to find out the

Cathy Opportunity cost for making a pie is

= 1 ÷ 1.5

= 0.66 cake

Now for making a cake is  

= 1.5 ÷ 1

= 1.5 pies

Lewis opportunity cost for making a pie is  

= 1.5 ÷ 2

= 0.75 cake

And for making a cake is  

= 2 ÷ 1.5

= 1.33 pies

Therefore the option D is correct

8 0
4 years ago
Assume personal tax rates are lower than corporate tax rates. From a tax-paying shareholder point of view, how should a firm spe
ASHA 777 [7]

Answer: e. repurchase shares

Explanation:

If the personal tax rates are lower than corporate tax rates then the company should engage in an activity that would put money into the pockets of shareholders such that they would take advantage of the lower personal tax rates.

The best way to do that would be a share repurchase. The company would probably buy at above market rates which would give shareholders capital gain and they wouldn't have to pay much taxes on it as personal rates are lower.

4 0
3 years ago
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