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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.

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Michael is a U.S. citizen who currently lives in St. Louis. He hires John, an authorized vintage car broker (also a U.S. citizen
Andrei [34K]

Answer:

The correct answer is C. Only John's commission will be counted in the U.S.

Explanation:

When developing a job that generates income in St. Louis, it is considered that any sale you make because you are within the United States is taken into account within the GNP. For its part, the country that produced the car should consider it as GDP because it is part of the production carried out in a different jurisdiction.

3 0
3 years ago
A __________-__________ bond is a straight fixed-rate bond issued in one currency that pays coupon interest in that same currenc
riadik2000 [5.3K]

A dual-currency bond is known to be a hybrid debt instrument that often has payment obligations over the life of the issue. A dual currency bond is a straight fixed-rate bond issued in one currency that pays coupon interest in that same currency.

  • In dual currency bond, the borrower often makes coupon payments in one currency, but get the principal at maturity in another currency.

Its advantage is that Investors using this bonds often gets higher coupon payments than straight bonds etc.

Straight fixed-rate bond issues often have a Known maturity date where the principal of the bond issue is said to be repaid.

Learn more from

brainly.com/question/2692687

3 0
2 years ago
Suppose that, during 2012, nominal GDP was $10,082 billion. During 2012, the value of the Consumer Price Index was 177.1 (using
erma4kov [3.2K]

<em>Answer</em>:

<u>5,692.83</u> 3.

Explanation:

($10,082 billion/177.1) x 100 = 5,692.83

Remember the real GDP takes into account the value of the total number of goods and services produced by a country in a given year, while taking the effect of inflation into account.

Because of inflation the consumer price index data is used in the calculation to find the change or deflation that has occurred.

5 0
3 years ago
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When considering where to export, advantages to managers of focusing on a nation that is already a sizable purchaser of goods co
NNADVOKAT [17]

Answer:

Option "C" is the correct answer to the following statement.

Explanation:

While deciding where to sell, export and import laws are not insuperable for managers to rely on a country that is a large consumer of goods imported from native countries.

  • Many products sold to a foreign investor need no export license. Both products are however subject to the laws and legislation on export control.
  • The easiest way to find if an item needs an export license is to verify which authority has control over the commodity you are attempting to sell, or controls it.
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Will give brainliest
lisabon 2012 [21]

Answer:

no

Explanation:

Grant writers are not essential to the success of a human services organization.

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3 years ago
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