Answer:
The statement that is false about mortgage loans is Advertised rates are annual percentage rates.
Explanation:
Mortgage loan refers to a loan that uses real estate as collateral to receive cash upfront to be redeemed after the loan repayment is completed. if the loan is not remitted as at when due , the lender lays claim to the real estate property.
By increasing the number of payments per year you increase your effective borrowing rate.
When you use a spreadsheet to calculate your interest rates, it uses the periodic interest rate, not the annual percentage rate.
You can find a monthly payment by dividing the annual payment by 12.
However, advertised interest rate are not the same as your loan's annual percentage rate (APR) because other charges like mortgage insurance, closing costs, discount points and loan origination fees apply.
The booking process.
I hope this helps and have a good night! :D
Answer: demand; supply
Explanation:
Operations is concerned with demand while marketing is concerned with supply. It is function of those in the operations department to use the available raw materials to create products that consumers have demanded.
The marketing department is in charge of making sure people purchase the product and supply to them.
I think it’s a consignment loan.