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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.

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The "Truth in Savings Law" requires banks to advertise their rates on investments such as CDs and savings accounts as annual p

liubo4ka [24]

I think this is true I hope this help you

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3 years ago

Suppose the total number of minutes provided exceeds the total number of minutes estimated and that the total dollar cost of the

Margarita [4]

Answer:

C) In at least one of the higher technical levels ,more minutes being provided than budgeted.

Explanation:

For such discrepancy to exist ,it means the minutes dictates the effect of the dollar.

5 0

3 years ago

When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and

scoundrel [369]

Answer: Keynesian Economic Theory

Explanation: The policy adopted by the President was to cut back taxes and increase government spending on road, bridges and schools. This policy of the government is called the expansionary fiscal policy which is used to combat an economy suffering from recession. The Keynesian theory also supports the argument that when an economy is suffering from recession, economic output is influenced by aggregate demand. Thus, the government and use its fiscal policy tools to bring the economy out of recession. It also supports that the Fed can also use its monetary policy to bring the economy out of recession. But since here taxes and government spending are uses, we can say that Obama was a proponent of Keynesian Economic theory.

6 0

3 years ago

SCORPION-xisa [38]

Answer:

I want to say c cause it's 40 but then again I don't know

6 0

3 years ago

Prior to the write off of a $500 customer account, Athena Company had the following account balances: Accounts receivable $19,60

Effectus [21]

Answer:

Net accounts receivable Before $18,600 and After $18,600

Explanation:

solution

we know that here

net accounts receivable before write-off

Accounts Receivable = $19,600

and Allowance for doubtful debt = $1,000

so Net accounts receivable = $19,600 - $1,000 = $18,600

Journal Entry for write off is here

Allowance for doubtful Accounts = $500

Accounts Receivable = $500

and

Net accounts receivable after write off is

Accounts Receivable= $19,100

and

Allowance for doubtful debt= $500

so Net accounts receivable = $19,100 - $500

Net accounts receivable = 8,600

so Net accounts receivable Before $18,600 and After $18,600

6 0

3 years ago