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kogti [31]
3 years ago
12

To encourage borrowers to accept adjustable rate mortgages (ARMs) rather than level-payment mortgages, mortgage originators gene

rally offer an initial short-term introductory rate that is less than the prevailing market mortgage rate. This rate is referred to as a(n) ___________.A. margin rate
B. teaser rate
C. index rate
D. discount rate
Business
1 answer:
antiseptic1488 [7]3 years ago
3 0

Answer:

B. Teaser rate

Explanation:

Teaser rate also called introductory rate is an interest rate that is usually below market that last for a short period of time. It is the beginning rate placed on credit products. It is a form of discounted interest rate that is offered for a short period of time. The rate can be as low as 0% for that short period of time and goes back to the normal rate after the short period of time expires.

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A government worker surveys a number of households and comes up with the following information: there were a total of 90 people
viktelen [127]

Answer:

27%

Explanation:

Number of Persons in the Household = 90

<u>Neither Employed Nor Unemployed</u>

  • Children Under 16 =10
  • Disabled = 5
  • Retired =10
  • Stay at Home Parents = 5
  • Full Time Students over the age of 16= 5

Total =35

<u>Unemployed</u>

  • 10 people had no job but were looking for jobs
  • 5 people who wanted a job but were not looking for a job.
  • Total =15

<u>Employed</u>

  • 35 people had full-time jobs
  • 5 had part-time jobs

Total =35+5=40

Total Labour Force = Unemployed +Employed = 40+15 =55

Unemployment Rate = (Unemployed People / Total Labor) x 100

=15/55 X 100

=27%

According to the information in the survey, the unemployment rate is: 27%

6 0
3 years ago
Carlita began 2014 with a taxes payable account balance of $3,000. On December 31, 2014, its taxes payable account balance is $7
aleksandr82 [10.1K]

Answer:

$2,000

Explanation:

The computation of the amount pay to the tax authorities during the year is shown below;

Let us assume the accrued payment be $6,000

Let us assume the amount pay to the tax authorities be X

Beginning Taxes payable account balance + Accrued payment - X = Ending taxes payable account balance

$3,000 + $6,000 - X = $7,000

$9,000 - X = $7,000

So, the X is

= $9,000 - $7,000

= $2,000

hence, the amount pay to the tax authorities is $2,000

4 0
3 years ago
The revenues of a company increased by 39% in year one and decreased 22% in year two. What is the overall change over the two-ye
Vlada [557]

the overall hange is a net-gain of 17% as the company's total revunue experienced an overall positive outcome over said two year period. :)

3 0
3 years ago
Kathy is an office manager at a growing law firm that specializes in pursuing awards for accident victims. She is assigned as th
Slav-nsk [51]

Answer:

Kathy should seek quotes from various rental space providers.

Explanation:

Kathy should make a decision to rent of renovate the building based on cost. The major criteria for decision making is based on the monetary factors. Rent for the new space will be compared with the renovation cost in order to reach to a final decision.

7 0
2 years ago
Structure is important because it helps our minds begin to develop expectations about what will happen next in a piece of music.
KatRina [158]
The term structure in music describes the layout of a composition as divided into sections. It describes<span> the way the music piece is built up.</span><span>
The statement that structure is important because it helps our minds begin to develop expectations about what will happen next in a piece of music is true.
</span>
8 0
2 years ago
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