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3 years ago

Borrowers choosing an adjustable rate mortgage

Business

2 answers:

solmaris [256]3 years ago

8 0

Answer: C

Explanation:

Often pay a lower interest rate during the first few years

o-na [289]3 years ago

7 0

Answer:

C. Often pay a lower interest rate during the first few years.

Explanation:

I just took the quiz and got it right.

You might be interested in

Which of the following sales and collection process activities can result in the creation of an account receivable? Receiving a

lapo4ka [179]

Answer:

Sales and collection process

At the point when items and administrations are sold by a firm to its clients and consequently the clients pay for the item and administrations, it is a procedure which includes deals just as an assortment. The deals and assortment process covers all the business exercises identified with selling of item and administrations, upkeep of client records, charging and recording installments made by the clients. Overseeing accounts receivables through maturing accounts and approving credit likewise goes under deals and assortment process.

In deals and assortment process all the bookkeeping exchanges are created that record deals income, accounts receivables and receipts in real money. This procedure likewise influences those association's expenses of products sold and stock that participate in selling stock. Deals are commonly made in kind of money or credit. It might likewise incorporate deals charge.

At the point when a deal is made in kind for money, the parity of money increments and when using a credit card, the records receivables are made which is the cash that is owed to the firm from deals of item and administrations. Lastly, when a credit client pays money, the money balance increments and records receivables are decline by the sum paid.

Accepting a request for deals from a client doesn't make any records receivables. In the wake of getting the request the items are created first and afterward conveyed. A short time later the receipt is created and ultimately, sent to the client. Thus, option a is incorrect.
When selling is done, the clients are charged according to the statements chose the two gatherings and afterward in the wake of sending receipt the assortment is made. Thus, option c is also incorrect.
Recording of installment is made. at the point when clients really pay the measure of deals whether deals is made in real money or credit. Thus. option d is also incorrect.
The alternative e expresses that none of the choices delineates the movement in regard to the making of records receivables which is additionally off base in light of the fact that the one choice is right out of the all choices.
At the point when the arranged completed merchandise are dispatched to the client and deals is using a loan, at that point the record receivables is made subsequent to sending the receipt to the clients. Thus, the correct option is option B

5 0

4 years ago

Most art and antiques are _____, and the transaction costs are ____ compared to those of financial assets.

iVinArrow [24]

Most art and antiques are <u>illiquid</u> and the transaction costs are <u>high</u> compared to those of financial assets.

"in addition to online services and SERPs, it's far feasible to find out how a great deal your antiques are worth by means of simply asking a vintage dealer or an appraiser at a public sale house, for example," Martin says.

In quick, vintage is a hundred years older, while antique is younger, although commonly nonetheless prior to 1999. it's a rather easy difference, but not necessarily as important as you watched it might be. The age of a chunk doesn'tdirectly correlates to price.

A real leather-based jacket from the Nineteen Forties could be taken into consideration as antique garb. Dictionary.com offers several definitions of the phrase antique: “of or belonging to the beyond; now not modern;” “relationship from a long ago;” and “noting or bearing on cars about 25 years vintage or more.”

Learn more about antique here brainly.com/question/1475385

#SPJ4

5 0

2 years ago

Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor force participation rate is 80% an

Reika [66]

Answer:

20,000,000= unemployed people

Explanation:

Giving the following information:

Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor force participation rate is 80% and the working-age population is 500 million people.

The unemployment rate is the number of people of working age, disposed to work and looking for a job.

Labor force rate= unemployed people/ labor force

0.05= unemployed people/ 400,000,000

400,000,000*0.05= unemployed people

20,000,000= unemployed people

7 0

4 years ago

. Assume that the dollar-Euro exchange rate (E$/€) = 1.1, the U.S. interest rate is 4% and the Euro interest rate is 1%, and tha

emmainna [20.7K]

Answer:

1) €918

2) E$/€)= 1.13

Explanation:

1) the dollar-Euro exchange rate (E$/€) if 1.1 means that from one Euro you can buy 1.1 dollars. So if an American investor invests $1,000 today in Euros he will get 1000/1.1= 909.09 Euros. Then if he invests 909.09 euros at an interest rate of 1% he will have (909.09*1.01)=918 euros.

The formula for forward exchange rate is

FWD= Spot price *(1+Interest rate of variable currency *Days/Annual Base)/(1+interest rate of base currency *days/annual base)

In this case the spot price is 1.1, the euro is the base currency and the dollar is the variable currency. The annual base is 365 and the days are also 365 since the we to find 1 year forward rate so days/annual base is 1.

FWD= 1.1*(1.04*1)/(1.01*1)= 1.13

This means that in a one year forward one Euro will cost $1.13

3 0

3 years ago

Sox Corporation purchased a 30% interest in Hack Corporation for $1,825,000 on January 1, 2021. On November 1, 2021, Hack declar

Kazeer [188]

Answer:

the loss reported is $1,135,000

Explanation:

The computation of the amount of loss reported is shown below:

Investment cost $1,825,000

Less: Share of Dividends received -$690,000 ($2,300,000 × 30%)

Carrying value of investment $1,135,000

Share of net loss $1,320,000 ($4,400,000 × 30%)

It should be limited to the carrying value of an investment

Hence, the loss reported is $1,135,000

8 0

3 years ago