1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
blondinia [14]
3 years ago
8

If a one-year adjustable-rate mortgage loan (ARM) is originally offered at 7% interest with "caps of 1 and 6," the interest rate

cannot go above 8% at the first adjustment and no matter how hight the chosen index might rise, can never go above 11%. True/ False?
Business
1 answer:
ozzi3 years ago
3 0

Answer:

This will be false

Explanation:

Base on the scenario been described in the question, it is false because the rate can go above 8% at the first adjustment and according to how high the chosen index might rise, it can also go above 11% which is stated that it cannot, so it is false.

You might be interested in
Vijay Inc. purchased a three-acre tract of land for a building site for $350,000. On the land was a building with an appraised v
alexandr402 [8]

Answer: b) $364,090

Explanation:

The Capitalized cost of the land would be the costs incurred to acquire the land and to set it up.

Capitalized cost = Purchase price + demolition of old building + title insurance + attorney fees + property taxes(for period since purchase) - scrap value

= 350,000 + 11,700 + 810 + 540 + (3,000 - 350) - 1,610

= $364,090

3 0
2 years ago
If your business is not efficient, where will your numbers fall on the Production Possibility Frontier?
Sergeeva-Olga [200]

Answer:

Inside the Production Possibility Frontier.

Explanation:

PPF is a curve that shows the various combination of 2 goods that an economy produces when resources are fixed. Thus, any point or bundle inside the production possibility frontier shows inefficiency in the production while the point on the production possibility frontier shows the efficient production from the available resources. But, the point outside the PPF exhibits a non-achievable point.

8 0
3 years ago
Identify any significant changes that your organization might reasonably make in its product offerings in the next 3 years. Expl
frutty [35]

Answer:

1- Change the advertising image of the brand. Every year trends change and therefore adjustments must be made so that the products adapt to the modern.

2- Market study to know if the products are advancing according to the project according to the participation of the square.

3- In the market study, the prices must also be reviewed, which must be consistent with the competition

4- Discounts could be offered on the products, to attract new customers.

The competitive advantages of performing these actions is that the products and in the consumer's mind will always be updated.

8 0
3 years ago
McCloy-Hill, a well-known law firm in California, adopts a regular practice of documenting its client-related data daily in an e
REY [17]

Answer:

Structural Capital

Explanation:

Based on the information provided within the question it can be said that the intellectual capital that this data represents is a Structural Capital. This refers to assisted infrastructure, processes, and information databases within the firm that allows human capital to function, and always stays within the same firm regardless of changes in management and employees.

8 0
3 years ago
anchors enterprises is trying to predict the cost associated with producing its anchors. at a production level of 5300 anchors,
Sonja [21]

Answer:

The total cost of producing 5300 anchors is $302,100

Explanation:

Average cost per unnit is calculated by dividing ethe total cost with number of unit produced.

Number of Unit = 5,300 anchors

Average Cost per anchor = $57

Total Cost of Production = Average Cost per anchor x Average Cost per anchor

Total Cost of Production = $57 x 5,300 anchors

Total Cost of Production = $302,100

8 0
3 years ago
Read 2 more answers
Other questions:
  • Based on the following​ information, what is the balance on the current​ account? Exports of goods and services​ = $12 billion I
    8·2 answers
  • What protocol, developed by Netscape in 1994, is designed to create an encrypted data path between a client and server that coul
    10·2 answers
  • Kate set a goal of getting along better with her younger sister. What is a more specific goal for kate?
    8·2 answers
  • prepare a financial report that compares what ashley and jason each owns and owes on september 30. make a list of any decisions
    6·1 answer
  • ​Miguel, a manager for Sierra​ Company, is inspecting the reports provided by his​ company's accounting department. He wants to
    9·1 answer
  • Flounder Corporation reported net income of $331,840 in 2020 and had 186,000 shares of common stock outstanding throughout the y
    8·1 answer
  • The two phases of new employee training are orientation and _________ .
    12·2 answers
  • Suppose you receive ​$130 at the end of each year for the next three years. a. If the interest rate is 10 %​, what is the presen
    11·1 answer
  • Who is the latest president of America?​
    6·2 answers
  • Suppose the digby company begins to compete through good designs, high awareness and easy accessibility for their existing produ
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!