3 years ago

Which statement is true of an adjustable rate mortgage?

1 answer:

3 0

The answer is B. Adjustable rate mortgage is a mortgage loan where the interest rate stays for for a certain period of time then it changes either up or down based on an index. It is also called variable-rate mortgage or tracker mortgage. This type of mortgage loan permits a debtor to have a lower initial payment if and only if they agree to assume the risk of the changes in the interest rate.

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2. Simplify the following <img src="https://tex.z-dn.net/?f=%20%28%5Cfrac%7B1%7D%7Ba%7D%20%20-%20%20%5Cfrac%7B1%7D%7B

MAXImum [283]

1/a - 1/b -1
Just remove the parentheses

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3 years ago

Tom girard, director of retail operations, indicates that he is able to keep "hands-on" with the staff, and he is always awa

romanna [79]

Based on the scenario above, it is suggested that Girard practices the management by walking around. The MBWA or the management by walking around is a style where the management uses this with their managers wandering in the workplaces to check their employees.

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3 years ago

A creditor must ensure that the consumer receives the revised Loan Estimate no later than four business days prior to:________.

zhuklara [117]

Answer:

Consummation

Explanation:

A creditor must ensure that the consumer receives the revised Loan Estimate no later than four business days prior to consummation.

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3 years ago

In latvia, only one six-lane highway exists, connecting riga, its capital, with moscow. otherwise, the roads are two lanes and m

zloy xaker [14]

The answer is infrastructure.

A country’s infrastructure is the basic physical and organizational structures and facitlities that it needs to operate. Roads are a key part of any country’s infrastructure.

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3 years ago

When pete mills went to withdraw $5,000 from the nationwide fidelity mutual fund, he was informed that the fund would charge 5 p

ki77a [65]

250$ is 5% of $5000
$5000 \times .05 = 250$

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3 years ago