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malfutka [58]
3 years ago
8

A real estate loan where a homeowner receives monthly payments based on accumulated equity rather than a lump sum and is repaid

upon the death of the owner or sale of the property is a (an)
Business
1 answer:
ivanzaharov [21]3 years ago
6 0

Answer:

reverse annuity mortgage

Explanation:

The term that is being described is known as a reverse annuity mortgage. Like defined in the question, this is a loan that allows you to cash in some of your home's equity without actually needing to sell the entire real estate property and move out of your home. Instead the loan is secured against the value of your home and monthly payments are paid to the owner that asked for the loan.

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Explanation: This question deals with Compensated Absence.

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Because of this, $40,000 (an average of $800 per week for a total of 500 vacation weeks) will be charged to 2021 expense as a liability.

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3 years ago
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alexgriva [62]

Explanation:

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1 point

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2 years ago
A blue-collar worker is someone in a professional or clerical job who usually earns a salary.
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Yes that is correct
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3 years ago
What is Nick causing? Nick has set up his steel factory near a community lake. The waste from his factory is directly thrown in
gregori [183]
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3 years ago
Read 2 more answers
You have planned purchases of $2,500. you have received orders that total $1,200, and you have ordered merchandise that totals $
laiz [17]
How to calculate Open-to-buy:
Open-to-buy = planned purchases - (orders received + merchandise ordered)

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3 years ago
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