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
Georgia [21]
3 years ago
8

Which statement is true of an adjustable rate mortgage?

Business
1 answer:
DerKrebs [107]3 years ago
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.<span>
</span>
You might be interested in
Toys Unlimited has the following cost data available. Direct Materials are $99 per unit. Direct Labor is $55 per unit. Variable
r-ruslan [8.4K]

Answer:

c. $229

Explanation:

To compute the total absorption cost per unit we do the following,

Absorption of fixed costs = Fixed costs / units produced

Absorption cost = 200,000 / 4000 = $50/unit

Total cost of each individual unit = 99 + 55 + 25 + 50 = $229

This includes direct material, direct labor, manufacturing overhead and the fixed absorption cost.

With absorption costing we take all the goods produced in a period as denominator for the Fixed costs.

Hope that helps.

5 0
4 years ago
Helpp me plz now thx
Romashka-Z-Leto [24]
What’s the question? Am I missing something?
3 0
3 years ago
Sales of watches among teenagers and twenty-somethings are declining rapidly as this age group uses cellphones, iPods, and other
il63 [147K]

Answer:

(A) unrelated diversification

Explanation:

  • The unrelated diversification s a form of diversification that that to the forms of business when they adds up unrelated new products and new lines and penetrates the newer markets.  
  • An example of cake makers entering a furniture market. Thus relates to different and non-related spheres of functioning.
5 0
3 years ago
Is there a passive form of perfect continuous tense? ​
ZanzabumX [31]
In passive sentences , the subject receives the action verb . The most commonly used verb tenses for this form are present continuous and past continuous. For now let’s keep going with the present continuous
3 0
3 years ago
The bullet points beneath a one-line mission statement often serve as A. value statements to show how the mission will be achiev
umka21 [38]
Um, Hello there. The answer to your question is probably going to be.
<span>


The bullet points beneath a one-line mission statement often serve as
A. value statements to show how the mission will be achieved.
B. a timeline for achieving the company's goals.
C. lesser goals to consider for the future.
D. a reminder of the one-line statement.</span>
3 0
4 years ago
Read 2 more answers
Other questions:
  • Construct a list of five common materials such that if a material "lower" on the list is rubbed against a material "higher" on t
    15·1 answer
  • It is estimated that the average cost of a single field sales call on a business customer is about __________, factoring in sale
    7·1 answer
  • Behavioral economist Richard Thaler has studied several examples of how businesses make use of inconsistencies in consumer​ deci
    14·1 answer
  • Raven Corporation owns three machines that it uses in its business. It no longer needs two of these machines and is considering
    8·1 answer
  • A large corporation that has its headquarters in Boston, manufacturing plants in Indonesia, and regional offices and retail stor
    12·1 answer
  • The sale of bonds above face value:_________
    14·1 answer
  • Given the following cash flows for a capital project for the Witter Corp., calculate its payback period and discounted payback p
    14·1 answer
  • The next two questions pertain to the problem below: You researched Jersey Kids Corp on Yahoo Finance and you found the followin
    9·1 answer
  • Producing products that are individualy designed to meet the needs of a specific customer where each customized product is manuf
    11·1 answer
  • Why does excessive fishing occur?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!