<span>D There is no supply or demand.</span>
Answer:
54,075 Payment at Year 3
Explanation:
Because is an interest-only loan:
It will pay the principal completely and the interest for the year.
principal x rate = interest paid
50,000 x 0.0815 = 4,075
+ 50,000 principal
54,075 Payment at Year 3
<u>Remember:</u>
interes-only loan means during the life of the loan the monthly or annual payment are for the interest. At maturity, the principal is fully paid.
An economic depression is when the price of the goods in the market is decreasing. Your income will be less as the prices of the goods are low
Jason, your client, is developing a subdivision of 140 houses. He may place deed restrictions on as many as 140 (100%) properties.
<h3>What is a deed restriction?</h3>
This is the term that is used to refer to the written agreements that are done in order to restrict and limit activities that may go on in a property.
These are private agreements that are made. It has to be 100 percent on the properties.
Read more on deed restrictions here:
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