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Viefleur [7K]
3 years ago
7

A borrower obtains a one-year ARM which starts at 4.0% and has a margin of 3.0% and 2/6 caps. At the end of the first year, the

index is 5.0%. What is the interest rate after the first adjustment
Business
1 answer:
liq [111]3 years ago
5 0

Answer:

The answer is "6".

Explanation:

In the given question the response is 6 because the new rate is the lower of the index + margin (in that case 5 + 3 = 8) whenever the interest rate changes as well as the current rate + cap (in that instance the value 4 + 2 = 6). Its rate of interest would also be 6 percent after the very first adjustment.

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Jarvey Corporation is studying a project that would have a ten-year life and would require a $450,000 investment in equipment wh
Mnenie [13.5K]

Answer:

3 years

Explanation:

Since the income tax is ignored, so the operating cash flows would be

= EBIT + Depreciation - Income tax expense

= $105,000 + $45,000 - $0

= $150,000

The operating cash flows are same for ten years

And, the initial investment is $450,000

So, the payback period would be

= Initial investment ÷ Net cash flows

= $450,000 ÷ $150,000

= 3 years

4 0
3 years ago
Mike takes a card out of his wallet at the grocery store and swipes it to pay for his groceries. What did Mike use?
allsm [11]
Debit card i believe
7 0
3 years ago
Read 2 more answers
What is generally one of the major differences between union and nonunion workers?
musickatia [10]

Answer:

Union workers earn more money for similar work.

Explanation:

A labour union is when a group of workers come together to form an association for the benefit of members of the union. Labour unions have a higher bargaining power when compared with non union workers. This increases their potential for higher wages and better working conditions

Examples of labour unions in the US include :

  1. American Federation of State, County, and Municipal Employees  
  2. American Federation of teachers
  3. United Food and Commercial Workers  
  4. United Auto Worker
4 0
3 years ago
The great promise of exporting is that: Group of answer choices large revenue opportunities are often found in foreign markets.
DENIUS [597]

Answer:

large revenue opportunities are often found in foreign markets.

Explanation:

With regard to the promise made for an exporting purpose we get to know that there is a big opportunities with respect of generating high amount of revenue and the same could be founded in the foreign markets

Therefore as per the given situation, the above option represent the answer

and, the same should be applied

7 0
3 years ago
Investors who put their own money into a startup are known as
konstantin123 [22]

Hi there!

Investors who put their own money into a startup are known as angel investors. Also, they are usually family or friends but don't have to be.

The closest answer to angel investors is C. Angels.

I hope that helps u! :)

3 0
3 years ago
Read 2 more answers
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