Answer:
Fannie Mae and Freddie Mac were created by Congress. They perform an important role in the nation's housing finance system – to provide liquidity, stability and affordability to the mortgage market.
Explanation:
Download time is a continuous numerical variable because it has numerical values that arise from a measuring process.
<h3>What is a numeric variable?</h3>
- A quantifiable property with numerical values is a numeric variable (also known as a quantitative variable) (except numbers which are codes standing up for categories). Both continuous and discrete numerical variables are possible.
- Data types that may be kept and identified based on the names or labels assigned to them are referred to as categorical data. Data that is expressed as numbers rather than in any linguistic or descriptive form is referred to as numerical data. It validates data before classification and is also known as qualitative data.
- Date/time or a number can both be continuous variables. Two examples are the length of a section or the day and time when money is received.
Suppose that you measure the time it takes to download a video from the internet. explain why the download time is a continuous numerical variable.
a. Download time is a continuous numerical variable because it has numerical values that arise from a measuring process.
b. Download times are numerical values that imply order and also have a true zero point.
To learn more about numeric variable, refer to:
brainly.com/question/25229107
#SPJ4
Answer:
Net Sales $2720
Explanation:
Hancock Corporation
Jan 6: Sales $ 1500
Add Jan 6 Sales $ 850
Less Jan 14 Sales Discount $ 30 ( 2% of $ 1500)
<u>Add Feb 28: Sales $ 400</u>
<u>Net Sales $2720 </u>
Only a 2% discount is given on the cash received on Jan 14 on the sales made on JAn 6 to S. Green because the cash is received within the first ten days of sales made. The cash received on Feb 2 is not given the sales discount as it is received after ten days of the sales made. That is sales were done on Jan 6 to M. Munoz. with the terms 2/10, n/30 meaning discount will be given within the first ten days . But as the payment was on Feb 2 almost 17 days later the discount is not given.
The term 2/10 n/30 means a two percent discount will be given if sales were paid within the first ten days. So a discount is given to S. Green but not M. Munoz as payment is done after 10 days.
<span>The
function of money that illustrates this is, “</span>Measure of worth”.
Because we can measure and compare
the value of goods and services with money and it is the common standard to measure
the values. Money is performing a function as medium of exchange when money is used as a midway
to exchange the goods and services.
Complete Question:
Under Article 7 on “hard money loans” (cash) of $30,000.00 and over for first trust deed loans, and $20,000.00 and over for junior deeds of trust, except where the new usury laws apply, the loan broker’s commission maximum is:
Group of answer choices
A. 10%.
B. 12%
C. 20%
D. As much commission as her borrower will agree to pay her.
Answer:
D. As much commission as her borrower will agree to pay her.
Explanation:
Under Article 7 on "hard money loans" (cash) of $30,000.00 and over for first trust deed loans, and $20,000.00 and over for junior deeds of trust, except where the new usury laws apply, the loan broker’s commission maximum is as much commission as her borrower will agree to pay her.
However, in some states a usury law has been passed to define the maximum rate of interest that may be charged on some hard money loans.
In real estate transactions, a hard money loan can be defined as a short-term loan or loans of last resort which is secured by a real property. These type of loans are mainly issued by the private investors (individuals or companies) rather than the common lenders such as credit union or a bank.