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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 questions is an example of macroeconomics?

alex41 [277]

Answer:

C. If federal taxes are decreased will consumer spending increase?

Explanation:

One keen question that falls under the domain of macroeconomics is the behavior of consumer spending when taxes are decreased.

Macroeconomics presents approaches the study of the economy in a holistic way.
Every aspect of the economy is considered before strategic economic decisions are taken.
Interest rates, inflation, unemployment rate, foreign trade etc. are all categorized under macroeconomics.

8 0

3 years ago

Baxter desires to purchase an annuity on January 1, 2014, that yields him five annual cash flows of $10,000 each, with the first

EleoNora [17]

Answer:

$313,288.16

Explanation:

Present value is the sum of discounted cash flows

present value can be calculated using a financial calculator

Cash flow in year 1 and 2 = 0

Cash flow in year 3 to 7 = $10,000

I = 10%

Present value = $313,288.16

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

8 0

3 years ago

Ted is a quality control manager at Greenwoods Cement Inc. Any time a problem arises and a decision needs to be made, he believe

denis-greek [22]

Answer:

D) Facilitative

Explanation:

Facilitative style: In management, the term "facilitative decision-making style" is described as one of the different decision making styles that indicates a specific joint effort between subordinates and leaders and they are both are providing an input in order to make a "shared decision". Along with this, they also possess some degree or extent of expertise or/and motivation that is responsible for ensuring an effective decision is being made.

In the question above, the given statement represents a facilitative decision-making style.

4 0

3 years ago

On January 1, a company issues bonds dated January 1 with a par value of $400,000. The bonds mature in 5 years. The contract rat

Ivahew [28]

Answer:

Debit interest expense - - - - $15,351.72

Credit cash - - - - - - - $14,000

Discount payable on bond - - - - - $1,351.72

Explanation:

Parker value =$400,000

contract rate = 7% = 0.07

Market rate = 8%

Discounted bond = $383,793

First interest payment using straight lime amortization;

Debit interest expense :

8% of $383,793

0.08 × $383,793 = $30,703.44

$30,703.44 ÷ 2 = $15,351.72(semi annually)

Credit cash;

7% of $400,000

0.07 × $400,000 = $28,000

$28,000÷2 = $14,000(semi annually)

Discount on bond payable ;

Debit interest expense - Credit cash

$15,351.72 - $14,000 =$1,351.72= Discount amortization

4 0

3 years ago

A company is setting its direct materials and direct labor standards for its leading product. Direct materials cost from the sup

podryga [215]

Direct Material Cost Per Square Foot= 8+.1= 8.1 per square foot.

5 0

3 years ago