Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two discount points at closing. Cost them is $3,610.
A discount point is 1% of the loan amount. Bob and Mary are paying two points (or 2% of $180,500), which is $3,610.
What is discount points?
- Discount points are a shape of paid ahead of time intrigued that contract borrowers can buy to lower the intrigued rate on their consequent month to month payments.
- Discount points are a one-time expense, paid up front either when a contract is to begin with orchestrated or amid a refinance.
- Each markdown point for the most part costs 1% of the overall credit and brings down the loan’s intrigued rate by one-eighth to one-quarter of a percent.
- Points don’t continuously got to be paid out of the buyer’s stash; they can some of the time be rolled into the advance adjust or paid by the vender.
To know more about discount points visit:
brainly.com/question/14329985?
#SPJ4
If a prenup is signed before marriage some could lose all their money. Also whichever one of divorcees get custody over a child will have to pay a fixed amount of child support every month which could also contribute to money loss.
Answer:
The correct answer is d. physical facilities and procedures
.
Explanation:
The decisions that lead to the definition of the productive facilities of a company are planning decisions, that is, with a long-term horizon, since the objectives to be achieved are basically the definition of the investments to be made, and the foreseeable costs to incur, which will condition us, to some extent, such investments.
For this, it is necessary to have the most complete information (field work), not only of the market to which we intend to supply, but also, and in particular, of those data that can directly influence the design of our facilities and exploitation processes, such as:
- Technologies and processes used in this type of business
- Level of the qualities demanded by the market
- Raw material suppliers and their degree of concentration (associations)
- Product distribution channels
- Regulations and regulations in this type of activity, and particularly those related to Workplace Safety.
The methodology to be followed for the design of the facilities is set out in the following table, and constitutes the set of tasks that must be performed before the start-up of a business.
I think maybe The Untitled States and Canada.
The correct answer is C.to encourage people to borrow money, hope this helps
